User Account

All Pages

What amount should vaughn report as interest expense

Assignment Help Accounting Basics
Reference no: EM133074400

Question - On January 1, 2021, Vaughn Manufacturing sold $4950000 of its 8% bonds for $ 4382220 to yield 10%. Interest is payable semiannually on January 1 and July 1. What amount should Vaughn report as interest expense for the six months ended June 30, 2021?

a. $198000

b. $247500

c. $175295

d. $219111

Reference no: EM133074400

Questions Cloud

What amount of total sales would be necessary : Assume that the total fixed costs of Swift increase by 30%, what amount of total sales would be necessary to generate a net income of P9,000
Whole foods market-the deutsche bank report : This case examines the decisions of Deutsche Bank research analyst Karen Short in May 2014 while covering the stock of Whole Foods Market, a leading natural and
Health promotion and family nursing practice : Health promotion and family nursing practice - Participation that has a positive tone and is shared in a supportive and respectful way is most desired
Maximize profit based on the maximin criterion : A bakery bakes fresh bread every day which costs $1.5 (per loaf) and sells them for $2.5 (per loaf). They bake batches of 15. Any unsold bread can be sold for 2
What amount should vaughn report as interest expense : Interest is payable semiannually on January 1 and July 1. What amount should Vaughn report as interest expense for the six months ended June 30, 2021
What is harold margin of safety in dollars : Harold McWilliams owns and manages a general merchandise store in a rural area of Virginia. What is Harold's margin of safety (MOS) in dollars
Management of credit analysis report : State the section of 'Management " of credit analysis report by using the report of Sydney Airport.
Discuss the tax treatment of the proceeds of policy : David Knox (he/him/his) and his business partner, Skylar (them/they), run a company called Numbers Pty Ltd together. Skylar is the creative brain behind Numbers
Cost of the product : The cost of the product today is 55,000 euros. The spot exchange rate today is .8233 euros per dollar. How much is the cost today in dollars?

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