2. On March 1, 2016, Eagle Group Inc. sold $1,000,000, 9% bonds dated January 1, 2016 for $1,105,256 plus $15,000 accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2026. On July 1, 2017 Eagle Group retired $300,000 of the bonds at 105 plus accrued interest. Eagle Group uses straight-line amortization.
Required:
Prepare the journal entry to record the redemption of $300,000 bonds on July 1, 2017.
3.
One way to structure a lease to qualify it as an operating lease for the lessee, but as a capital lease for the lessor is to use different discount rates for the lessees and the lessors. State the other method to achieve the same goal.
In: Accounting
Option #1: Bonds Issued at a Premium Intel Inc. is the pioneer in the manufacture of microprocessor for computers. On 4/1/2016, Intel issued $800,000 of 12% face value bonds for $851,705.70. The bonds are due in 4 years, and pay interest semiannually on September 30 and March 31. Intel sold the bonds to yield 10%. Use the spreadsheet found in the link at the bottom to prepare a bond interest expense and premium amortization schedule using the straight-line method. Use the attached spreadsheet to prepare a bond interest expense and premium amortization schedule using the effective interest method. Prepare any adjusting entries for the end of the fiscal year, December 31, 2016, using the: straight-line method of amortization effective interest method of amortization Assume the company retires the bonds on June 30, 2017, at 103 plus accrued interest. Prepare the journal entries to record the bond retirement using the: straight-line method of amortization effective interest method of amortization
Attatched Table
| Date | Cash Paid | Interest expense | Premium Amortization | Carrying Amount of Bonds | ||||
| 4/1/2018 | ||||||||
| 4/1/2019 | ||||||||
| 4/1/2020 | ||||||||
| 4/1/2021 | ||||||||
| 4/1/2022 | ||||||||
| 4/1/2023 | ||||||||
| 4/1/2024 | ||||||||
| 4/1/2025 | ||||||||
| 4/1/2026 | ||||||||
| 4/1/2027 |
In: Accounting
Mother's age 18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,51
Female 1, 0, 2, 2, 3, 4, 7, 3, 2, 4, 7, 1, 6, 4, 5, 3, 1, 4, 0, 1, 1, 1, 0, 1, 0
Use the stem and leaf plots that you previously created to help you draw and label histograms on your scratch paper with bin width of 2 for mothers's age at birth of female students and for mother's age at birth of male students. Make the lower bound of your first bin 16.
Comment: Bin width of 2 is not a typo. Yes, your stem and leaf plot has bins of 5 so some thinking is required, but at least your stem and leaf plot has the values in order for you.
| Stem |
| 1 |
| 1 |
| 2 |
| 2 |
| 3 |
| 3 |
| 4 |
| 4 |
| 5 |
| Stem | Leaf | ||||||||||||||||||
| 1 | |||||||||||||||||||
| 1 | 8 | ||||||||||||||||||
| 2 | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| 2 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | ||
| 3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
| 3 | 5 | 5 | 5 | 5 | 7 | 8 | 9 | ||||||||||||
| 4 | 1 | ||||||||||||||||||
| 4 | |||||||||||||||||||
| 5 | |||||||||||||||||||
In: Math
Problem 15
How many (a) 1×2 (b) 2×2 (c) 1×4 (d) 2×4 rectangles that form implicants are there in a 4×4 Karnaugh map? Describe their implicants as products of literals, assuming the variables are p, q, r, and s.
In: Advanced Math
Prove by induction:
1 + 1/4 + 1/9 +⋯+ 1/?^2 < 2 − 1/?,
for all integers ?>1
In: Advanced Math
Entries for Bonds Payable.
Prepare journal entries to record the following transactions related to long-term bonds of Quirk Co. (a) On April 1, 2016, Quirk issued $2,000,000, 9% bonds for $2,151,472 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2026. (b) On July 1, 2018 Quirk retired $600,000 of the bonds at 102 plus accrued interest. Quirk uses straight-line amortization.
In: Accounting
A=[ 7 8 -2 -6 7 4 1 ; 2 4 -4 -13 9 9 -12 ; 6 6 0 -9 8 9 -4 ; 1 8 -14 -22 5 8 -1 ; 4 9 -10 -14 7 4 -1]
B=[ 19 4 4 14 -3 -7 -5 ; 21 -6 -5 10 14 -2 4 ; 22 -4 5 13 5 -6 4 ; 41 20 0 26 11 -1 -27 ; 29 14 -2 20 3 -4 -19]
Remark: You may only use rref , or commands that are covered in our MATLAB guides, and no other special MATLAB functions for this problem.
(a) (3 points) Find a basis for Col(A) and determine its dimension.
(b) (5 points) Find a basis for Nul(A) and determine its dimension.
(c) (3 points) Find a basis for Row(A) and determine its dimension.
(d) (5 points) Find a basis for the left nullspace of A and determine its dimension.
(e) (2 points) Find a basis for Col(B) and determine its dimension.
(f) (6 points) Determine whether Col(A) = Col(B), i.e. determine whether the two given subspaces of R 5 are the same or not. If not, find a vector v
that belongs in one of the subspaces and not the other.
(g) (6 points) Determine whether Nul(A) = Nul(B). If not, find a vector v that belongs in one of the subspaces and not the other.
In: Advanced Math
Below are the number of hours spent exercising:
|
2 |
3 |
4 |
4 |
4 |
5 |
1 |
1 |
|
4 |
4 |
4 |
1 |
2 |
3 |
3 |
2 |
Hint: You shouldn’t have to recalculate from the raw data to answer questions 7 & 8.
In: Statistics and Probability
Below are the number of hours spent exercising:
|
2 |
3 |
4 |
4 |
4 |
5 |
1 |
1 |
|
4 |
4 |
4 |
1 |
2 |
3 |
3 |
2 |
Mean:
Median:
Mode:
Range:
Variance:
4. Which descriptive statistics from your output would you NOT report for hours spent exercising? Why not?
5. Write a few sentences describing the data (using APA formatting). This interpretation should not include only the numbers, but rather what the numbers tell you about the data.
6. Create a histogram for the hours spent exercising. You can do this by hand or via computer. If you do it by hand simply take a picture and upload it along with your assignment.
7. If you add 4 points to each exercise score, what will the mean and standard deviation be for this variable
Hint: You should not have to recalculate from the raw data to answer questions 7 & 8
8. If you subtract point from each exercise score, what will the mean and standard deviation be for this variable?
9. Give one example of data for each of the following and explain why?
a. When the median is more appropriate to use than the mean?
b. When the mean is more appropriate to use than the median?
c. When you would expect high variability?
d. When you would expect low variability?
10. When describing nominal data, which measure of central tendency is appropriate?
11. Why do we subtract 1 from the number of scores when calculating variance and standard deviation?
12. Describe how would you calculate standard deviation if you know variance?
In: Statistics and Probability
Find the distances:
A) Between ?1=〈2+2?,−1+?,−3?〉and ?2=〈4,−5−3?,1+4?〉 .
B) Between the planes 2?−?+5?=0 and 2?−?+5?=5 .
C) From the point (1,2,3) to the line ?=〈−?,4−?,1+4?〉 .
In: Math