User Account

All Pages

What amount of gain or loss will Yang report

Assignment Help Accounting Basics
Reference no: EM132539163

Question - At December 31, 2015 the following balances were reported on the statement of financial position of Yang Corporation: Bonds payable $1,472,000,000; interest payable $33,750,000. The bonds have a face amount of $1,500,000,000. If the bonds are retired on January 1, 2016 at 101, what amount of gain or loss will Yang report on the redemption?

a. $61,759,000

b. $28,000,000

c. $43,000,000

d. $15,000,000

Reference no: EM132539163

Questions Cloud

Relational debase management system : How important are Relational Debase Management System in business operations and productivity?
Computing diluted EPS for the year ended December : What is the number of shares that should be used in computing diluted EPS for the year ended December 31, 20X2
Determine if source is credible and reliable : Use the Source Evaluation Worksheet to determine if your source is current; if it is not current, explain why you think it is acceptable.
How you think your actions are influenced by others : Reflect on how you think your actions are influenced by others. Are there certain actions or beliefs that you feel are consistent regardless of your social.
What amount of gain or loss will Yang report : The bonds have a face amount of $1,500,000,000. If the bonds are retired on January 1, 2016 at 101, what amount of gain or loss will Yang report
What introduced healthcare technologies of any kind : What moral guidelines should we use when it comes to recently introduced healthcare technologies of any kind and social technologies of any kind
Do you know anyone who has been bullied online : Define cyberbullying. Do you know anyone who has been bullied online? Have you ever been bullied online? What are some of the psychological effects cyberbully.
Determine the issue price of the debenture : At the time of issuing the securities, the market requires a rate of return of 6 per cent. Determine the issue price of the debenture
Redesign of business processes : If you have you been involved with company doing redesign of business processes, discuss what went right during redesign and what went wrong from perspective

Reviews

Write a Review

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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd