Third One Answer Please 1. On March 1, 2019, Company B issued $1,000,000, 10 years, 12% bonds at 103 excluding accrued interest. The bonds are dated January 1, 2019 and willmature on January 1, 2029. The interest is payable semi-annually on January 1 and July 1 of each year. Company B paid transaction costs amounting to$50,000. How much would be the net cash receipts of Company B as a result of the bond issuance?$1,000,000$1,030,000$980,000$1,050,0002. Company O has a new product that has the following cost per unit: direct materials - $10, direct labor - $7, and overhead - $3. If the sales manager wantsto achieve a gross margin of 25% of cost for the particular product. What would be the selling price per unit?$25$36$45$563. When the contribution margin per unit increases assuming all other factors remain constant. The effect would beAn increase in sales priceA decrease in fixed costAn increase in break-even point in unitsA decrease in break-even point in units

The formula for Contribution margin per unit is : =Sales Revenue per unit - Variable Cost per unit…

3. When the contribution margin per unit increases assuming all other factors remain constant. The effect would be An increase in sales price O A decrease in fixed cost An increase in break-even point in units A decrease in break-even point in units

3. When the contribution margin per unit increases assuming all other factors remain constant. The effect would be An increase in sales price O A decrease in fixed cost An increase in break-even point in units A decrease in break-even point in units

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable

Section: Chapter Questions

Problem 8RE

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