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On April 1, 2024 Eagle Corp. purchased $60,000 of Bobcat Inc.’s 8% bonds at a purchase price of 105. At the time of purchase the market rate of interest was 6%.  Eagle Corp. whose year end is December 31, expects to hold the bonds until their maturity date 5 years from the date of purchase. Interest on the bonds will be paid every April 1 and October 1 until maturity.  What is the carrying value (amortized cost) of the bond that Eagle Corp. would report on October 1, 2024?   Answer:  $_______

The records of Eagle Corp.  showed the following on December 31, 2024:   Net Purchases   $350,000 Purchase Returns $30,000 Gross Profit  $375,000 Beginning Inventory $20,000 Gross Sales Revenue $600,000 Sales Returns $60,000   Calculate Eagle Corp.’s Inventory Turnover Ratio for 2024? (round to two decimal places)    

On January 1, 2024, Eagle Corp. issued $4 million of 10 year bonds at an 8% stated interest rate to be paid annually.  Eagle Corp. issued the bonds for $3,501,514 since the market rate of interest was 10%.  What is the carrying value of the bond that Eagle Corp. would report on its December 31, 2025 balance sheet? (round to the nearest dollar)

Equipment acquired on January 1, 2020, is sold on June 30, 2024, for $14,500. The equipment cost $28,600, had an estimated residual value of $8,000, and an estimated useful life of 5 years. The company operates on a calendar year and the equipment has been depreciated using the straight-line method.  What amount of gain or loss should the company record on their financial statements for the year ended 2024?

On April 1, 2024 Eagle Corp. purchased $80,000 of Bobcat Inc.’s 6% bonds at a purchase price of 96. At the time of purchase the market rate of interest was 8%.  Eagle Corp., whose year end is December 31, expects to hold the bonds until their maturity date 5 years from the date of purchase. Interest on the bonds will be paid every April 1 and October 1 until maturity.  What is the carrying value (amortized cost) of the bond that Eagle Corp. would report on October 1, 2024?   Answer:  $_______

Eagle Corp. had the following data for the month of March: Beginning inventory, March 1 316 units at $16 per unit March 19 purchase 204 units at $25 per unit March 27 purchase 198 units at $27 per unit On March 31, 230 units are still on hand. Determine the cost of goods sold for March if Eagle Corp. uses the FIFO method. Answer:  $_______

On January 1, 2024, Eagle Corp. issued $4 million of 10 year bonds at an 8% stated interest rate to be paid annually.  Eagle Corp. issued the bonds for $3,501,514 since the market rate of interest was 10%.  What is the carrying value of the bond that Eagle Corp. would report on its December 31, 2024 balance sheet? (round to the nearest dollar)

What color does the element –rubin denote?

If a patient is diagnosed with a “perforated bowel” – what is present?

Choose the correct pair of terms – they must both be spelled correctly and have some logical connection.