User Account

All Pages

Calculate the long term debt of the firm

Assignment Help Financial Accounting
Reference no: EM132862119

Questions -

Q1) Prepare balance sheet for Cornell Corp. based on the following information: cash = $125,000; accounts payable & accruals = $200,000; accounts receivable = $105,000; net fixed assets = $1,750,000; inventory = $290,000; notes payable = $160,000; Retained Earninigs = $665,000; Common Stock (par value + paid in Cap) = $400,000.

1. Prepare the balance sheet.

2. Calculate the long term debt of the firm.

3. Calculate the NWC (Net Working Capital) and Debt to Equity (D/E) ratio.

Q2) ABC Corp. issued a 30-year maturity bond in 1990 with 6.5 percent coupon paid semi-annually. The bond has a face value of $1,000. You bought the bond in 1996 when the yield to maturity on this bond was 7.8 percent. You sold the bond in 2008 when the yield to maturity on the same bond increased to 10.6 percent. What is the percentage change in the price of this bond from 1996 to 2008?

Q3) You make $10,000 deposit 1 year from now, $15,000 deposit 3 years from now and $20,000 deposit 5 years from now in real dollars. You plan to retire 30 years from now. What monthly income you will receive due to these deposits, in real dollars, over five years after the retirement? The first payment would be received at the end of the first month after the retirement and the last payment on the month ending the fifth year. The nominal rate is 8.5% and the inflation expectations are 3.2%.

Reference no: EM132862119

Questions Cloud

Did the plaintiff establish valid claim of failure : What are the legal issues presented in this case? Did the plaintiff establish a valid claim of failure to reasonably accommodate?
What is the breakeven point : The cost to produce the product is $35.00, but the equipment necessary for production must be leased for $100,000 per year. What is the breakeven point
Why do believe that somatoform disorder really exist : Why do you believe that Somatoform disorder really exist in individuals, when there is no physcial indication of problems? Thread should be completed
How does having a psychological disorder hinder individuals : In America how do individuals with Psychological Disorder find themselves treated? how does having a Psychological disorder hinder individuals?
Calculate the long term debt of the firm : Prepare balance sheet for Cornell Corp. based on the following information: cash = $125,000; Calculate the long term debt of the firm
Examples of business and society issues and problems : In order to bring current examples of business and society issues and problems into the class, each student will prepare a current event analysis.
Concepts of convergence : From this case study I need to use the concepts of convergence, divergence and crossvergence and explore how Apollo
How could one posit a self-actualization theory in the face : How could one posit a self-actualization theory in the face of such cases? Explain the personality of people who seem oriented toward
How much are total variable costs at break-even : Light Up is a company that manufactures a light fixture. They have been in business for 10 years. How much are total variable costs at break-even

Reviews

Write a Review

Financial Accounting Questions & Answers

  Statement of cash flows report

The investing section of the statement of cash flows report

  Evaluate the initially reported earnings per share

Evaluate the initially reported earnings per share for 2009. Determine the restated cash dividend per share for 2009 reported in the 2011 annual report for comparative purposes.

  Compute depreciation for each year

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.

  Why are separate expense and revenue accounts

Why are separate "expense" and "revenue" accounts used when all revenues and expenses could be shown directly in the retained earnings account? Discuss two limitations of financial statement analysis and discuss each limitation. In your initial respo..

  Short run decision analysis and capital budgeting

How do managers use the concept of cost-benefit during the evaluating phase of the management process? How do managers use the concept of cost-benefit during the communicating phase of the management process?

  Prepare income statement-balance sheet and cash flow

Doyle Company issued a $500,000 of 10 year, 7% bonds on January 1, 2016. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Prepare the income statement, balance sheet and statement of cash flows for 2016 an..

  How much inventory can purchase

Relative to your present level of current liabilities, how much inventory can you purchase and maintain the given constraint on your credit line arrangement?

  Discuss the role of audit committees in corporate governance

Discuss the role of audit committees in corporate governance. An international regulatory framework for accounting is required in order to ensure that financial

  On january 1 a company issued 10 10 year bonds payable with

on january 1 a company issued 10 10 year bonds payable with a par value of 720000.the bonds pay interest on july 1 and

  How will be taxed to kolby

Kolby exchanges his accounting services for a 20% interest in Gazebo LLC. The value of his 20% interest is $50,000. How will this be taxed to Kolby?

  What is comfy home net cash from operating activities

The company did not take out any new loans, but paid off part of an existing loan with cash. What is Comfy Home's net cash from operating activities?

  Prepare statement of cash flows using the indirect method

Prepare statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis.)

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