What is the value of this bond in balance sheet

Assignment Help Accounting Basics
Reference no: EM133118331

Question - Assume that a firm issues a par bond of $1,000,000 on January 1, 2015, due in five years. The bond has a 10% coupon rate paid semi-annually. What is the value of this bond in 2017 balance sheet?

a. $1,000,000

b. $100,000

c. $0

d. $50,000

Reference no: EM133118331

Questions Cloud

Concept of transformational leadership : The concept of transformational leadership is difficult to understand. Describe any potential negative consequences of transformational leadership.
Shortest payback period : 1. Given the information in the table below, which of the following statements is true? Assume the cost of capital is 12%.
What are the firm roe and roic : Baker Industries' net income is $24000, its interest expense is $6000, and its tax rate is 35%. What are the firm ROE and ROIC
Standard deviation of monthly changes : Suppose that the standard deviation of monthly changes in the price of commodity A is $1. The standard deviation of monthly changes in a futures price for a con
What is the value of this bond in balance sheet : Assume that a firm issues a par bond of $1,000,000 on January 1, 2015, due in five years. What is the value of this bond in balance sheet
What is the futures price per unit : The initial margin is $8,500 and the maintenance margin is $6,500. What is the futures price per unit below which there will be a margin call?
What is increase in liabilities section of murphy balance : Murphy Inc. has two new liabilities. What is the increase in liabilities section of Murphy Inc.'s balance sheet due to these two new liabilities
Compute the adjusted profit for the year ended december : On February 28, 20x2, a building with carrying amount of P1,800,000 on December 31, 20x1 was totally razed by fire. Compute the adjusted profit for the year end
Hedging one month exposure to price of commodity a : Suppose that the standard deviation of monthly changes in the price of commodity A is $1. The standard deviation of monthly changes in a futures price for a con

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute what is the effective annual percentage cost

Howes Inc. purchases $4,562,500 in goods per year from its sole supplier on terms, what is the effective annual percentage cost of its non-free trade credit?

  Find the amount of revenue from franchise fees

Watts has substantially provided all initial services required and collectability of payments is reasonably assured. The amount of revenue from franchise fees

  How much total interest will Martinez pay on this payment

Martinez Excavating Inc. is purchasing a bulldozer. The equipment has a price of $106,900. How much total interest will Martinez pay on this payment plan

  The customer service department of grand lakes technologies

the customer service department of grand lakes technologies asked the publications department to prepare a brochure

  What is meant by the phrase transferred out cost why does

1. how to the weighted average and first-in first-out methods of process costing differ in their treatment of

  Complete the income statements by using excel formulas

Assume that a shortage of goods from suppliers is causing cost of goods sold to increase 10 percent for each company. Change the respective cost of goods sold balances in the Actual income statement column for each company. Note the new calculated am..

  Compute the book value per share of common stock

The preferred stock has 557,740 shares authorized, Compute the book value per share of common stock, assuming there are no preferred dividends in arrears

  All sales are on account and in the past 30 of the sales

all sales are on account and in the past 30 of the sales were collected in the month of the sales and 70 in the month

  Profitability ratios polly esther dress shops inc can open

profitability ratios polly esther dress shops inc. can open a new store that will do an annual sales volume of 960000.

  What is the annual labor cost for a baker

The year consists of 52 40-hour weeks. Seasonally there is overtime during certain holiday periods: Valentines, Easter, Mother's Day.

  Classic attire is the designer and manufacturer of prom

classic attire is the designer and manufacturer of prom dresses. the president of classic wants to switch to an

  Prepare entries for november relative to imprest petty cash

Prepare entries for November 20X1 relative to the imprest petty cash fund. Note: Accounts that may be used include Miscellaneous Office Expenses

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd