Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Accounting homework (https://www.askmehelpdesk.com/showthread.php?t=751763)

  • Jun 2, 2013, 05:57 AM
    slee1919
    accounting homework
    Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 1⁄2. The straight-line method is used to allocate interest expense.

  • All times are GMT -7. The time now is 01:58 PM.