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During the current year, Comma Co. had outstanding: 25,000 shares of common stock, 8,000 shares of $20 par, 10% cumulative preferred stock, and 3,000 bonds that are $1,000 par and 9% convertible.
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Thus, the inventory is reported on 12/31/Year 2 at its NRV of $75. The $15 ($75 NRV on 12/31/Year 2 – $60 reported on 12/31/Year 1) of the write-down recognized in Year 1 of $20 ($80 historical cost – $60 NRV on 12/31/Year 1) is reversed in Year 2 and recognized in Year 2 profit or loss.
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Calculation which combines both the impact of the coupon rate and term to maturity to determine its sensitivity to change in price when there’s a change in the interest rate we subtract 4% off the price of the bond: 110 – (0.04 x 110) = 110 – 4.40 = 105.60. A bond that has a par value of 10K, was bought for 9.5K and is currently
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Study Unit 7 Test Bank Questions flashcards from Lynne Phillips's class online, or in Brainscape's iPhone or Android app. Learn faster with spaced repetition.
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Stores That Offer Senior Discounts
For ages 60+ or AARP members. AARP members get a 15 percent discount off the total amount of the check. Ages 65+ are eligible for the senior rate and can use their discount to book a second room for family members. Free donut with a large or extra large drink purchase.
Retail senior discounts are not as readily available as others. However, many retailers will offer a small discount to seniors who ask for it. These discounts can help seniors save on expensive purchases such as hearing aids, furniture, clothing and more. Some of those companies include the following:
Travel: Southwest Airlines provides by far the best senior fares in the U.S. to passengers 65 and older, while Amtrak offers a 15 percent discount and Greyhound offers 5 percent off to travelers over 62. And, most hotels in the U.S. offer senior discounts, usually ranging from 10 to 30.
1. The list of discount codes we provide has 8 Coupon Codes and 2 Deals. Most of them are valid, but we're not 100% sure they can be used.
2. The list of discount codes we provide has 10 results. Most of them are valid, but we're not 100% sure they can be used.
3. You just need to click GET CODE and get to the destination page, enter the code. However, you have to take action early as it may expire.
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