A debt instrument with no ready market is exchanged for

Assignment Help Financial Accounting

Reference no: EM13351787

A debt instrument with no ready market is exchanged for property whose fair market value is presently indeterminable. When such a transaction takes place, the present value of the debt instrument must be approximated using an imputed interest rate.

It should not be recorded on the books of either party until the fair market value of the property becomes evident. The board of directors of the entity receiving the property should guess a value for the property that will serve as a basis for the transaction. The directors of both entities involved in the transaction could negotiate a value to be assigned to the property.

Reference no: EM13351787

Questions Cloud

Q it is known that calcium plays diverse roles in cellular : q. it is known that calcium plays diverse roles in cellular processes. upon increases in cytotoxic calcium

Check one or more control procedures either general or : check one or more control procedures either general or application controls or both that would guard against the

Two- to three-page paper in apa style that defines explains : two- to three-page paper in apa style that defines explains addresses and answers the following questions or

Q multicellular animals have some mechanism to control cell : q. multicellular animals have some mechanism to control cell mass that we do not understand for in case salamanders of

A debt instrument with no ready market is exchanged for : a debt instrument with no ready market is exchanged for property whose fair market value is presently indeterminable.

Q a number of cell-cycle mutations including wee1ts have : q. a number of cell-cycle mutations including wee1ts have been isolated in the fission yeast s. pombe. cells carrying

Indirect costs please respond to the following-predict : indirect costs please respond to the following-predict vectorcals indirect costs based on the direct costs e.g. direct

Qsuppose that a pay equity plan has just been put in place : q.suppose that a pay equity plan has just been put in place in your organization. the pay equity consulting firm did a

Q1 stress-induced stomach ulcers are by reason of excessive : q1. stress-induced stomach ulcers are by reason of excessive sympathetic stimulation. for in case one suspected cause

User Account

All Pages