User Account

All Pages

What is the bond book value reported in the december

Assignment Help Accounting Basics
Reference no: EM132089000

Question - On January 1, 2016, Zebra Corp issued 1800 of its 12%, $1000 bonds at 97.9. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2026. Zebra paid $55000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond book value reported in the December 31, 2016, balance sheet?

Please give a detailed explanation.

Reference no: EM132089000

Questions Cloud

Calculate dollar amount of direct materials to be purchased : ZZ, Inc. has budgeted sales for the next five months as follows: Budgeted Sales in Units January 12,000 units February 15,000 units March 11,000 units April 22.
Prepare journal entries to record the transactions of S Ltd : Prepare the journal entries to record the transactions of S Ltd up to and including that which took place on 28 March 2016. Show all relevant dates
What is the adjusted present value : Zoso is a rental car company that is trying to determine whether to add 25 cars to its fleet. The company fully depreciates all its rental cars over four years.
Determine the cost of goods available for sale : Ziad Company had a beginning inventory on January 1 of 300 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases.
What is the bond book value reported in the december : Zebra uses the straight-line amortization method. What is the bond book value reported in the December 31, 2016, balance sheet
What is the effective semi-annual interest rate : Zhang Company, an IFRS company, sold $6,000,000 of 6%, 3-year bonds on January 1, 2016. The bonds pay semi-annual interest each June 30 and December 31.
Calculate the price of insurance for the coverage : Zipco is a firm that faces a 5 percent chance of suffering a $20 million lawsuit and a 95% chance of incurring no lawsuit in the next year.
Calculate the ending balance of raw materials : Yurman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased materials on account for $29,720.
How the given balances would be presented : Youngman Corporation has temporary differences at December 31, 2017, that result in the following deferred taxes.

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