User Account

All Pages

What is the carrying value of the bond

Assignment Help Financial Accounting
Reference no: EM132781748

Question - A $500,000, 5%, 8-year bond was issued at a discount on January 1. The balance in the Discount on Bonds Payable account is $15,000. What is the carrying value of the bond?

a. $500,000

b. $15,000

c. $515,000

d. $485,000

Reference no: EM132781748

Questions Cloud

Health care and marketing : Analyze the current state of the U.S. health care system and determine the single most significant weakness.
Differences between an ethernet lan and a token ring lan : Differences between an Ethernet LAN and a Token Ring LAN. Develop an evidence-based opinion on why Ethernet Technology became predominant.
Calculate the ebit : Calculate the EBIT if QuickCharge's sales increase 50% to 45,000 chargers. What is the percent of change in EBIT under this increase in sales?
Describe the fundamental principles of servant leadership : Describe the fundamental principles of servant leadership. Present two qualities of servant leadership and explain how they support interprofessional.
What is the carrying value of the bond : The balance in the Discount on Bonds Payable account is $15,000. What is the carrying value of the bond
Describe the importance of peer-review : Write a 1500-1700 word essay addressing each of the following points/questions. Support your ideas with at least three (3) scholarly citations in your essay.
Compute the cash flow on total assets ratio equals : Total cash flows of $527,000, and average total assets of $3,040,000. Compute the cash flow on total assets ratio equals
Entrusted with significant fiduciary responsibility : Why is it important to recognize that people working in the health care field have been entrusted with a significant fiduciary responsibility?
Write a critique of a qualitative research article : Use the Chapter 7 Critiquing Criteria for Qualitative Research (study 127-134 table 1), write a critique of a qualitative research article that you have read.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the npv and payback for the project

Calculate the NPV and payback for the project. Suppose the company has a policy that it will not accept project with payback more than 2 years

  Find what is the book value per share

If Dudley Hill Golf Club's common stock is currently selling at $15.00 per share, what is the book value per share? Dudley Hill Golf Club's market-to-book

  What was the cost per equivalent unit for conversion costs

What was the cost per equivalent unit for conversion costs for January in the Molding Department - conversion costs were incurred in the department

  Why did rite aid not have to pay the face value

Explain why Rite Aid recorded a gain on all of the repurchased notes except on the 12.5% note on which it recorded a loss? Why did Rite Aid not have to pay

  Calculate future value if investment is made for two year

Find the future value (FV) one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also, calculate the FV if the investment is made for two years.  Find the present value (PV) of $7,000 to be received one year from now ..

  Issue-ruling-analysis and conclusion tax memo format

Dr. Tooth is a 40-year old dentist in Small Town, USA. He graduated from dental school seven years ago and built a thriving practice. In 2001, however, Dr. Tooth had an ugly billing disagreement with a patient. As a result of the stress of losing his..

  Pension plan specifies annual retirement benefits

ABC Company defined benefit pension plan specifies annual retirement benefits according to the following pension formula: Provide the journal entry to record ABC Company's prior service cost at the beginning of 2014 with respect to Christopher. Provi..

  What is the coupon rate and the current yield

Assume that a bond with five years to maturity, a par value of $1,000, and a $60 annual coupon payment costs $1,100 today. What is the coupon rate? What is the current yield?

  Calculate the weighted-average number of common shares

Liberty Ventures Inc reported $209,840 profit in 2017 and declared preferred dividends of $34,400. The following changes in common shares outstanding occurred.

  Which statements concerning the appropriation laws is true

Which statements concerning the appropriation laws is true? no money can be paid out of the treasury unless it has been appropriated by an act of command

  Inventory in exchange for common stock

Assume the Blink Company began operations on July 1, 2013. The sole stockholder invested $25,000 in cash and $5,000 of inventory in exchange for common stock. Jul. 1 Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30..

  What is the most are willing to pay as a lump sum today

Earn a minimum rate of return of 5.0 percent compounded quarterly. What is the most you are willing to pay as a lump sum today to buy this annuity?

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