Question and answer
If a corporation issued $3,000,000 in bonds which pay 10% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%? A. $3,000,000 B. $90,000 C. $300,000 D.
$210,000
D. $210,000
Get an answer
Original conversation
User: If a corporation issued $3,000,000 in bonds which pay 10% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%? A. $3,000,000 B. $90,000 C. $300,000 D. $210,000

Weegy: D. $210,000
sipichapie|Points 4387|

User: Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense? A. Bad Debts Expense ................ ................ $15,000 Allowances for Doubtful Accounts ................ ................ $15,000 B. Bad Debts Expense ................ ................ $12,000 Allowances for Doubtful Accounts ................ ................ $12,000 C. Bad Debts Expense ................ ................ $12,000 Accounts Receivable ................ ................ ................. $12,000 D. Bad Debts Expense ................ ................ $15,000 Accounts Receivable ................ ................ ................. $15,000

Weegy: The balance of the Allowance for D. Bad Debts Expense ................ ................ $15,000 Accounts Receivable ................ ................ ................. $15,000
rugmaker|Points 817|

User: The book value of an asset is equal to the A. asset’s market value less its historic cost B. blue book value relied on by secondary markets C. replacement cost of the asset D. asset’s cost less accumulated depreciation

Weegy: D.) Asset's cost less accumulated depreciation
wedekind|Points 802|

User: When an interest-bearing note matures, the balance in the Notes Payable account is A. less than the total amount repaid by the borrower B. the difference between the maturity value of the note and the face value of the note C. equal to the total amount repaid by the owner D. greater than the total amount repaid by the owner

User: The interest charged on a $200,000 note payable, at a rate of 6%, on a 2-month note would be A. $12,000 B. $6,000 C. $3,000 D. $2,000

Question
Asked 5/27/2012 8:00:17 PM
Updated 7/2/2012 5:24:43 AM
1 Answer/Comment
New answers
Rating
0
Copy and paste this link to get the answers:

Added 7/2/2012 5:24:43 AM
This answer has been flagged as incorrect.
Rated good by veni, Rated bad by jeifunk, Flagged by jeifunk
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
21,959,323 questions answered
Popular Conversations
The etymology of a word is sometimes reflected in its ...
Weegy: Have a great day! Ask Weegy again soon User: The transition word(s) that would best introduce an example ...
8/31/2015 6:25:44 AM| 2 Answers
Find the value of 83 - [59 - (22 - 18)].
Weegy: 83 - (59 - (22 - 18)) =83 - (59 - 4) =83 - 55 =28 User: Find the value of 5 · 2 ^3
8/31/2015 8:28:09 AM| 2 Answers
Find two consecutive integers whose sum is 67. Which of the ...
Weegy: To find two consecutive integers whose sum is 67 use the equation 2x + 1= 67 2x + 1= 67 2x = 67 - 1 2x = ...
8/31/2015 9:51:16 AM| 2 Answers
The ____ is the layer of the atmosphere nearest to Earth's ...
Weegy: Some scientists hypothesize that Earth's ozone layer is being damaged by chlorofluorocarbons. User: a gas ...
8/31/2015 10:33:27 AM| 2 Answers
The sum of two consecutive odd integers is -72 What is the larger ...
Weegy: The larger integer is -135 User: The sum of two consecutive even integers is -34 What is the smaller integer?
8/31/2015 10:38:43 AM| 2 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 9 [Total 11723]| Ratings 0| Comments 9| Invitations 0|Offline
S
Points 4 [Total 192]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 3 [Total 308]| Ratings 0| Comments 3| Invitations 0|Offline
S
Points 3 [Total 787]| Ratings 0| Comments 3| Invitations 0|Online
S
1
L
L
Points 2 [Total 9325]| Ratings 0| Comments 2| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.