Troutman enterprises issued 8 8-year 1000000 par value

Assignment Help Accounting Basics

Reference no: EM13589648

Troutman Enterprises issued 8%, 8-year, $1,000,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2012, and are issued on that date. The discount rate of interest for such bonds on April 1, 2012, is 10%. What cash proceeds did Troutman receive from issuance of the bonds? (Use the table) (Round answer to 2 decimal places, e.g. 125.25.)

Reference no: EM13589648

Questions Cloud

Clemente co owned all of the voting common stock of snider : clemente co. owned all of the voting common stock of snider co. on january 2 2011 clemente sold some equipment to

On may 1 2011 mosby company received an order to sell a : on may 1 2011 mosby company received an order to sell a machine to a customer in canada at a price of 2000000 mexican

Using the formula method determine the dollar sales that : using the formula method determine the dollar sales that are required to earn a target profit of 11432. liman

The books of seal company a calendar year taxpayer had : the books of seal company a calendar year taxpayer had assets and related information as detailed below as of december

Troutman enterprises issued 8 8-year 1000000 par value : troutman enterprises issued 8 8-year 1000000 par value bonds that pay interest semiannually on october 1 and april 1.

Create a full marketing strategy usingyour chosen company : create a full marketing strategy usingyour chosen company and product. you may use a marketing strategy template or

Which cost-allocation criterion is most likely to subsidize : which cost-allocation criterion is most likely to subsidize poor performers at the expense of the best performers?

If the margin of safety for lankau company was 25 fixed : if the margin of safety for lankau company was 25 fixed costs were 2325000 and variable costs were 60 of sales what was

The zeron corporation wants to purchase a new machine for : the zeron corporation wants to purchase a new machine for its factory operations at a cost of 950000. the investment

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages