mackenziemelton26
01.11.2019 •
Business
The midpoint method for calculating price elasticity of demand is: a. the change in quantity divided by the average of the initial and final quantities divided by price. b. the average of the initial and final quantities divided by the average of the initial and final prices. c. the change in quantity divided by the final quantity divided by the change in price divided by the final price. d. the change in quantity divided by the average of the initial and final quantities divided by the change in price divided by the initial price. e. the change in quantity divided by the average of the initial and final quantities divided by the change in price divided by the average of the initial and final prices.
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Ответ:
The bond amortization on July 1,2019 is $2,400
Explanation:
discount on bond issuance =Face value of the bond-issue price
face value of the bond is $2,400,000
issue price is $2,352,000
Discount on bond issuance=$2,400,000-$2,352,000
=$48000
annual bond amortization=discount on the bond/years to maturity
years to maturity is 10 years
annual bond amortization=$48,000/10
=$4,800
However six-month amortization=$4800*6/12
=$2,400