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Please Help!!!!!! (3 questions)1) Describe the use of fair value to report financial investments.
2)On January 1, 2015, Parsons Company purchased $84,000, 10 year, 7% government bonds at 100. The semi-annual interest payment dates are June 30 and December 31.Journalize the Feb 1, 2016 sale of the bonds for $82,000 plus accrued interest for one month.
3)If the market rate of interest is 8%, the price of 6% bonds paying interest semiannually with a face value of $100,000 will be... (please show computations)a) Equal to 100,00b)Greater than 100,000c)Less than 100,000
force company issued 2000000 of 3 10-year bonds at 98 14. interest is paid annually and the straight-line method is
Ed Arnold started a personal financial planning business when he accepted $120,000 cash as advance payment for managing the financial assets of a large estate. Arnold agreed to manage the estate for a one year period beginning May 1, 2013.
Using the columnar format below, compute the fixed overhead spending and production-volume variances. Indicate whether each variance is favorable or unfavorable. Use F for favorable variances and U for unfavorable variances.
Explain what is meant by the term 'standard form contract'. What are the advantages and disadvantages of using standard form contracts in business? 1. (a) Explain what is meant by the following saying:
Andrea's Hobbies produces and sells a luxury animal pillow for $40.00 per unit. In the first month of operation, 3,000 units were produced and 2,250 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other infor..
graham company purchased a new machine for 2800000. the new machine has an estimated useful life of nine years and the
the cost function of a company is c0.01x square2x25 where xis the produced unit of its price is rs.30. the profit
Ireland Corporation obtained a $40,000 note receivable from a customer on June 30, 2011. The note, along with interest at 6%, is due on June 30, 2012. On September 30, 2011, Ireland discounted the note at Cloverdale bank. The bank's discount rate ..
feng company installs a computerized manufacturing machine in its factory on 0101 at a cost of 42300. the machines
The lease will run for five years and the payments are $900 per month. During 2009, she uses her car 20% for business and 80% for personal activities. Assuming the dollar amount from the IRS table is $233, determine Lana's deduction for the lease ..
Using the following information and assuming that all inventory is purchased on account, compute cash paid for inventory:
the production department of zan corporation has submitted the following forecast of units to be produced by quarter
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