Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem - Coronado Corporation's post-closing trial balance at December 31, 2017, is shown as follows.
CORONADO CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2017
Dr.
Cr.
Accounts payable
$ 273,600
Accounts receivable
$ 496,000
Accumulated depreciation-buildings
176,000
Additional paid-in capital in excess
of par-common
1,428,000
From treasury stock
146,000
Allowance for doubtful accounts
32,000
Bonds payable
290,000
Buildings
1,466,000
Cash
198,000
Common stock ($1 par)
182,000
Dividends payable (preferred stock-cash)
4,400
Inventory
569,000
Land
381,000
Preferred stock ($50 par)
450,000
Prepaid expenses
42,000
Retained earnings
329,000
Treasury stock (common at cost)
159,000
Totals
$3,311,000
At December 31, 2017, Coronado had the following number of common and preferred shares.
Common
Preferred
Authorized
546,000
54,000
Issued
9,000
Outstanding
169,000
The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share.
Required - Prepare the stockholders' equity section of Coronado's balance sheet at December 31, 2017.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd