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Questions -
1. On January 1, 20x1, an entity issues 14%, 3-year, P5,000,000 bonds at a price that reflects a yield rate of 8%. Compute for the issue price of the bonds.
2. On January 1, 20x1, an entity issues bonds with face amount of P5,000,000 for P5,773,129. The bonds mature on December 31, 20x3 and pay annual interest of 14%. The effective interest rate is 8%. On December 31, 20x2, after paying the annual interest, the entity retires the bonds at a call premium of P400,000. Provide entry on December 31, 20x2 to record the retirement of the bonds.
The department actually completed 10,000 hours of production. What is the appropriate total budget for the department, assuming it uses flexible budgeting
Question - Tony Madison needs $353,100 in 10 years. How much must he invest at the end of each year, at 9% interest, to meet his needs
the amount of overhead applied to the product exceeds the amount incurred is the difference called underapplied
Why is Preferred Stock less risky? I would think that since they take precedence over the Common Stock holders that they would hold the same or more risk
What is the total combined direct labor cost that should be budgeted for March and April
The Carlton Corporation has $4 million in earnings after taxes and 1 million shares outstanding. The stock trades at a P/E ratio of 20. THE firm has $3 million in excess cash.
Target Costing Question - The company requires a profit of 30 percent of selling price. What is the target cost per clock
what is participative budgeting? what are its potential benefits? what are its potential disadvantages?what is
Powell Corporation is considering replacing its current computer system with a new one. The computer system itself will cost $300,000 (i.e. Software and Hardware) with additional outlays for installation of $50,000 and training costs of $30,00..
adelman company owns 45 of the outstanding voting common stock of craig corp. and has the ability to significantly
She endorsed the check and mailed it to Joe as payment for the preparation of her return
you are the accountant for sakuraba who is very angry. figure out his books for him or he might have to beat you.
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