Select Sales Companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is a public offering. A public offering is the offering of securities of a company to the public. Generally, the securities are to be listed on a stock exchange. Businesses usually go public to raise capital in hopes of expanding.
Answer:
Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!
Explanation:
Answer:
True
Explanation:
A more precise way to describe the situation is that Joe's pizza parlor is a monopolistic competition. But that definition considers that all 'food' items have some degree of close substitute relation.
But yes, if you consider this two conditions:
- a broad definition of monopoly
- other restaurants are not considered close substitutes for the food sold at the pizza parlor
Then yes, Joe has monopoly
Answer:
$23,709
Explanation:
Data provided in the question:
Amount of bond issued = $700,000
Duration = 5 years
Interest rate = 8%
Selling amount of bond = $728,700
Market rate of interest = 7%
Now,
Interest paid = Amount of bond issued × Interest rate
= $700,000 × 0.08
= $56,000
Interest expense = Amount of bond sold × Market Interest rate
= $728,700 × 0.07
= $51,009
unamortized premium = Selling amount of bond - Amount of bond issued
= $728,700 - $700,000
= $28,700
Amortized amount = Interest paid - Interest expense
= $56,000 - $50,009
= $4,991
Balance of the premiums on bonds payable account immediately following the first interest payment
= unamortized premium - Amortized amount
= $28,700 - $4,991
= $23,709
