A $1,00 . bond, with interest at 9 % on March 1 and September 1, was sold on July 7 at 106 plus accrued interest. Compute the dollar amount of the sale the seller received. (Assume a 360-day year and a commission of $5 per bond.)
$1,087.00
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Our culture's current fascination with novels and movies such as the Harry Potter Series and The Lord of the Rings, in which the magician and the patriarch triumph over the sorcerer and the dictator, emphasizes the importance of ________
A) consumption movies B) archetypes C) extroversion overcoming introversion D) the superego overcoming the id
GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $60,000 for 6-months services in advance. GreenLawn's general journal entry to record this transaction will include a:
A. Credit to Accounts Receivable for $60,000. B. Debit to Accounts Receivable for $60,000. C. Credit to Cash for $60,000. D. Credit to Unearned Revenue for $60,000. E. Debit to Unearned Revenue for $60,000.
Fred's Frankfurters posted an EBIT of $67,256. He paid $5,360 in interest and $7,521 in taxes. Calculate the interest tax shield
A) $621.13 B) $599.25 C) $534.99 D) $593.89 E) $575.35
In insurance contracts, warranties:
A) are of little importance. B) must be expressly included in the insurance contract. C) only apply to the insurer, not the insured. D) operate as conditions that must exist before the contract is effective or before the insurer's promise to pay is enforceable.