User Account

All Pages

Calculate the face value for the bonds

Assignment Help Accounting Basics
Reference no: EM133048348

Question - At the beginning of 2021 Lulu company received $95,158 cash instead of issuing bonds at 10% market rate and 5% of stated rate. The mature date is 1/1/ 2050.

Required -

1- Calculate the face value for the Bonds.

2- Calculate the discount/premium if any.

3- Prepare the amortization schedule.

4- Prepare the journal entries for 2021.

Reference no: EM133048348

Questions Cloud

What is the expected value of the cash to be paid : Australian dollar (A$) in six months to buy call options on INR1.23 million. What is the expected value of the cash to be paid
Find NOPAT, invested capital, and ROI for Lawn Mills : Lawn Mills is a division of Iowa Woolen Products. For the most recent year, Lawn had net income of $18,800,000. Find NOPAT, invested capital, and ROI for Lawn
Provide a critical analysis of the relative benefits : Provide a critical analysis of the relative benefits of the two types of growth (i.e. ‘organic' and acquisition) from Eden's point of view
Does target adjust the retail value of inventory : Does Target adjust the retail value of inventory for permanent markups or permanent markdowns to effectively report inventory at the lower of cost or market
Calculate the face value for the bonds : Lulu company received $95,158 cash instead of issuing bonds at 10% market rate and 5% of stated rate. Calculate the face value for the Bonds
What the balance of the consolidated cash account : AA Limited $320 000,BB Limited $170 000, CC Limited $25 000. What the balance of the consolidated cash account of the AA Limited
Reflect on the role of leadership in formulating : Reflect on the role of leadership in formulating, communicating, and implementing marketing business strategy and ethical issues
What dollar sales are needed for the company : A company produces a finished goods which sells for $15 per unit; variable costs are 70% of sales. What dollar sales are needed for the company
Explain monopoly or oligopoly rent and technical rent : Explain the difference between 'monopoly or oligopoly rent" and "technical rent." What groups in the economy are main sources of monopoly/oligopoly and technica

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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