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!
On December 31, 2020, Park Company sold used equipment with a carrying amount of P2,000,000 in exchange for noninterest bearing note of P5,000,000 requiring ten annual payments of P500,000. The first payment was made on December 31,2020. The market interest for similar note was 12%. The present value of an ordinary annuity of 1 at 12% is 5.65 for ten periods and 5.33 for nine periods.
Problem 1: What is the carrying amount of the note receivable on December 31, 2021?
a. 2,664,000
b. 4,500,000
c. 2,325,000
d. 2,325,000
Prepare an income statement through gross profit - prepare the current assets section of the balance sheet at December 31.
Find the present value of $425 due in the future under each of the following conditions. Do not round intermediate calculations. Round your answers to the near
Describe the failures in internal controls of Royal Dutch Shell plc and explain how they contributed toward the financial reporting problems at Shell.
Calculate the cash balance as at 31 May 2020 if the cash balance on 31 May 2019 was R200 000 (favourable). Analyse the cash flows of the company.
What are the initial issue proceeds received by Hanouille Inc.? Prepare amortization schedule for the Bonds. Prepare the journal entry to record the bond issue
Interest is paid out twice annually on June 30 and December 31. What is the journal entry recorded on June 30th for the first interest payment?
Prepare the adjusting entry for the accrual of interest on December 31. Received semiannual interest on Carlos Company bonds.
Discuss the term Agency relationship and agency problem. Explain why does the agency problem exist. Finally, suggest ways to reduce the agency problem.
Write the equation showing the link between the cost of this bond at issuance and the future cash-flows on the bond? Can calculate the internal rate of return
Determine what amount of total assets of the company? What percentage is fixed assets, such as plant and equipment? What percentage is current assets?
How large a crew should be used if the trawler owner is interested in maximizing the average amount of fish caught per worker?
Calculate the amount of return you would earn if the $12,000 were invested for one year at 5%. Calculate the net amount of return you would earn if $3,000 were borrowed at a cost of 15%, and then $15,000 were invested for one year at 8%.
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