A company issued 7 4-year bonds with a par value of 200000

Assignment Help Accounting Basics
Reference no: EM13609249

A company issued 7%, 4-year bonds with a par value of $200,000. The market rate when the bonds were issued was 7.5%. The company received $190,200 cash for the bonds. Using the effective interest method, the amount of interest expense for the first semiannual interest period is(rounded):

Reference no: EM13609249

Questions Cloud

X was interesting in ivesting in bonds and on 010112 : x was interesting in ivesting in bonds and on 010112 purchased 10 bonds dated january 1 2012. these bonds had a face
A machine can be purchased for 300000 and used for 5 years : a machine can be purchased for 300000 and used for 5 years yielding the following net incomes. in projecting net
New wave co sold 14000 annual subscriptions of game life : new wave co. sold 14000 annual subscriptions of game life for 51 during december 2012. these new subscribers will
Nike issued 15-year 9 bonds with a par value of 200000 : nike issued 15-year 9 bonds with a par value of 200000. interest is paid semiannually. the market rate on the issue
A company issued 7 4-year bonds with a par value of 200000 : a company issued 7 4-year bonds with a par value of 200000. the market rate when the bonds were issued was 7.5. the
At the end of each month for the next ten years you will : at the end of each month for the next ten years you will receive cash flows of 50. if the discount rate is 7.2
A bond have a 95 percent coupon and pay interest : a bond have a 9.5 percent coupon and pay interest semi-annually. currently the bonds are priced at 1063.15. the company
On january 1 2010 a company borrowed 50000 cash by signing : on january 1 2010 a company borrowed 50000 cash by signing a 7 installment note that is to be repaid in 5 annual
Calculate the beta of your portfolio which comprises the : calculate the beta of your portfolio which comprises the following items a olympic steel stock which has a beta of 2.9

Reviews

Write a Review

Accounting Basics Questions & Answers

  Presented below is selected account information related to

presented below is selected account information related to fryman inc. at year-end. all these accounts have debit

  On january 1 2012 muller co borrowed cash from washington

on january 1 2012 muller co. borrowed cash from washington valley bank by issuing a 100000 face value 3-year

  Which of the following is true concerning process costing

which of the following is true concerning process costing in a multi-department setting?successor departments may only

  Accounting equation and its elements

Which of the following is not a true statement about the accounting equation and its elements?

  Determine the price variance

Determine the (a) price variance, (b) quantity variance, and (c) cost variance -  Diamond Company produces a chair that requires 5 yds. of material per unit.

  Show the ending balances in accounts receivable

google party planners had a 40000 balance in accountsreceivable and a 3000 credit balance in allowance for

  Sorenstam company uses the aging method to estimate bad

sorenstam company uses the aging method to estimate bad debts. the allowance for doubtful accounts has a credit balance

  Evaluate the methodology for assessing the execution

evaluate the methodology for assessing the execution of a balanced scorecard system. Describe the techniques you would employ to determine the effectiveness of a balanced scorecard in your organization.

  Organizing the information in accounts

a. Organize the information in accounts under an accounting equation. b. Prepare an income statement, balance sheet, and statement of cash flows for 2010. c. Write a memo discussing the advantages to a business of arranging a line of credit.

  Cindy justus is the managing director of the wichita day

cindy justus is the managing director of the wichita day care center. wichita is currently set up as a full-time child

  The following data relate to direct materials costs for

the following data relate to direct materials costs for november actual costs 4700 pounds at 5.40 standard costs 4500

  Suppose st john corps breakeven point is revenues of

suppose st. john corps breakeven point is revenues of 1100000. fixed costs are 600000.requirements1. compute the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd