How much cash did pelham inc receive upon issuance

Assignment Help Accounting Basics
Reference no: EM133189731

Question - Pelham Inc. issued $180,000 of 6%, 5-year bonds at par on July 1. The bonds pay interest semiannually. How much cash did Pelham Inc. receive upon issuance?

Reference no: EM133189731

Questions Cloud

Compute the value of megas : For the grape leaves project, Megas will invest $210 million and receive $55m annually, in terms of operations free cash flow. Compute the value of Megas
Write an overview of the brand : Brand Description - Write an overview of the brand, describing the key elements, such as identity, image, positioning, personality, experience
Explain all entries and calculations required by donny ltd : Explain all entries and calculations required by Donny LTD to accounts for its share of the equipment in the joint operation of $600.000
What would it cost of equity be : The average debt-to-value ratio for the credit services industry is 13%. What would it cost of equity be if it took on the average amount of debt
How much cash did pelham inc receive upon issuance : Pelham Inc. issued $180,000 of 6%, 5-year bonds at par on July 1. The bonds pay interest semiannually. How much cash did Pelham Inc. receive upon issuance
What is amount credited to paid in capital - treasury stock : A corporation purchased 1,000 shares of its own $5 par common stock at $10. What is amount credited to paid in capital - treasury stock
Adaptive project management experience : Adaptive project management experience. You will act as the project manager for an adaptive ICT project - Create a product backlog in the Agile project
What is the annual dividend on the preferred stock : Texas Inc. has 10,000 shares of 6%, $100 par value cumulative preferred stock. What is the annual dividend on the preferred stock
What amount of social security benefits is taxable to sean : Sean, who is single, received social security benefits of $8,440, dividend income of $12,600, What amount of social security benefits is taxable to Sean

Reviews

Write a Review

Accounting Basics Questions & Answers

  Statement about listing on a stock exchange

Which of the following statements about listing on a stock exchange is most CORRECT?

  What amount of gain or loss should be recognized

What amount of gain or loss (indicate which) should be recognized in recording the exchange, assuming the transaction has commercial substance

  How much additional revenue is necessary

The owners want to take $8,000 more per year out of the business. How much additional revenue is necessary to maintain the present profit level

  What is the market value of debt

Market capitalization of Leopold = $180 million. What is the Beta used by the analyst to calculate Leopold's cost of equity? What is the market value of debt

  Calculate the average variation in driving time

Calculate the average variation in driving time. Compare the standard and average variations. Is the difference significant

  Calculate the depreciation expense

Assume the van was purchased on 1 July 2019 and that the accounting period ends on 30 June. Calculate the depreciation expense for the using each.

  Determine the cost of goods available for sale

Vista Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $8 per unit. During the year, purchases were.

  How much does Looney need to borrow in dollars today

Looney Corp. has net payables of 750,000 euros due in 270 days. How much does Looney need to borrow in dollars today

  What amount should be reported as liability

The market price of the share was P25 and P28 on December 31, 2017, and 2018. What amount should be reported as liability

  State the after-tax cash from this purchase

Starting in 2021, Kevin will pay interest of $20,000 per year for 10 years. State the after-tax cash from this purchase (cover year 1 ONLY)

  How close does approximate in the market value of the firm

The standardized measure of oil and gas is an estimate of the future discounted cash flows from proved reserves. How close does approximate in market value

  Question - calculating cost per equivalent unit

Calculate the cost per equivalent unit for direct materials, direct labor, overhead, and in total. Show your calculations

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