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A 500,000$ bond is issued at 103. It has detachable warrant that allows purchaser to buy 20 shares of stock. Price of bond right after issue is 96 and detachable warrant is 2$. What is journal entry for issuing this bond?
How much of the total sales revenue is required to be paid with cash and how many customers transaction does the company imagine in January
What is break-even point in units for the company? What is the dollar sales volume the firm must achieve in order to reach the break-even point?
Evaluate ending inventory and cost of goods sold under each method, and then compare results.
Calculating Additional Finance Requirements - How much external financing does ARI require net year?
Find out the price of the bonds at January 1, 2011, and prepare the journal entry to record their issuance. Prepare the journal entry to record interest on June 30, 2011
Purchases land having a fair value of $3000000 by issuing a 5 year, zero interest bearing promissory note in the face amout of $505,518. Pirchases equiemr by issuing a 6% 8 year promissory note having a maturity value of $400,0oo interest payable ye..
Analysis of various Discounted Cash Flow methods - Why do many operating managers still use payback and accounting return on investment despite their drawbacks?
the bank notifies Wilma that if she pays back $75,000 immediately, they will forgive her $100,000 loan. What are tax implications to Wilma if she accepts the bank’s offer?
Accounting entries from the given information - COLO COMPANY Sales Journal
In theory, when a periodic system is in use, which inventory price flow assumption could assign inventory cost to cost of goods sold even though the inventory has not yet been purchased by the merchandiser?
Evaluate the amount and character of Robby's deduction(s) for this vacation home considering the cost allocation method that the IRS prefers is used.
Computation of contribution per unit for various models - What is the per unit contribution margin for each of the two models?
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