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Question 1: Tangerine Company acquired P3,000,000 face value 10% bonds as financial asset at amortized cost, on June 30, 2018 for P3,210,000, excluding brokerage of P150,000 and accrued interest. The bonds pay interest semiannually on May 1 and November 1. The remaining life of the bonds on the date of acquisition is 3 years. Straight-line amortization is employed. On December 31, 2018, the bonds were sold for P3,500,000 plus accrued interest. What is the gain on the sale of the bonds?
X started and completed 42,000 units this period and had ending work in process inventory of 12,000 units. How many units were started this period
Tamworth Trading Ltd uses the perpetual inventory system, Prepare an income statement down to the gross profit for Tamworth Trading Ltd for June
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In this assignment, use the information above to develop a comprehensive analysis using NPV, Payback Method, and IRR to develop a recommendation on replacing the existing equipment with a new computerized version.
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purchase a 20xw ford truck for 26750. the terms include a 4750 down payment an a 3-year 6 promissory note to ford
To calculate the price of the bond you will need PV factors for 5.5% for 40 semi-annual periods. You can easily figure them out either using the formulas underlying the PV factors in the ch. 6 tables or doing the PV calc in excel. But to make..
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