At december 31 2012 redmond company has outstanding three

Assignment Help Accounting Basics
Reference no: EM13583171

At December 31, 2012, Redmond Company has outstanding three long-term debt issues. The first is a $2,045,900 note payable which matures June 30, 2015. The second is a $6,040,700 bond issue which matures September 30, 2016. The third is a $12,525,000 sinking fund debenture with annual sinking fund payments of $2,505,000 in each of the years 2014 through 2018.

Prepare the required note disclosure for the long-term debt at December 31, 2012.

Reference no: EM13583171

Questions Cloud

Smmarize the evidence supporting the theory that the : summarize the evidence supporting the theory that the cretaceous-tertiary extinction which includes the extinction of
In a spark ignition engine with compression ratio of 10 the : in a spark ignition engine with compression ratio of 10 the lowest temperature is 200c and the lowest pressure is
Compare the tax consequences to the shareholder and the : compare the tax consequences to the shareholder and the distributing corporation of the following three kinds of
Abc a holder of a 400000 xyz inc bond collected the : abc a holder of a 400000 xyz inc. bond collected the interest due on june 30 20x8 and then sold the bond to def inc.
At december 31 2012 redmond company has outstanding three : at december 31 2012 redmond company has outstanding three long-term debt issues. the first is a 2045900 note payable
Develop mathematical functions that compute the annual : case studyinventories represent a considerable investment for every organization thus it is important that they be
Describe how we measure distance using spectroscopic : 1. summarize the evidence supporting the theory that the cretaceous-tertiary extinction which includes the extinction
On january 1 20x8 parent company acquired 90 percent : on january 1 20x8 parent company acquired 90 percent ownership of subsidiary corporation at underlying book value. the
Universal products has experienced a number of out-of-stock : universal products has experienced a number of out-of-stock situations with respect to its finished-goods inventories.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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