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Problem 1: On January 1, 2002, Mar issued its 10% bonds in the face amount of P1,500,000. They mature on January 1, 2012. The bonds were issued for P1,329,000 to yield 12%, resulting in bond discount of P171,000. Mar uses the effective interest method of amortizing bond discount. Interest is payable July 1 and January 1. For the six months ended June 30, 2002, Mar should report bond interest of
Choices:
A. P75,000
B. P79,740
Esposito's ending inventory is valued at the average cost for the last quarter of the year. Compute the cost of goods sold
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Why is the cost allocation method used by an organization an important part of its cost accounting system?
What does Managerial economics help in taking decision on following subjects? What are the objectives of a business firm? What does Managerial economics help in
Why would a financial manager or analyst be concerned if the Allowance for Doubtful Accounts balance increased or decreased significantly?
Feast Corporation currently makes the rolls that it uses for its sandwiches, It uses 50,000 rolls annually. A potential supplier has offered to sell Feast the rolls for 0.11 each. If the rolls are purchased, 20% of the fixed overheads could be avoide..
Interest is paid annually on December 31. The bonds were issued for $220,000. What is the cash payment for interest on December 31st
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What would be the following the RNOA of the subsequent company?
Your supervisor has tasked you with evaluating several loans related to a new expansion project. Determine the annual payment on a $400,000, 8% business loan
Find What is the equivalent annual annuity (EAA) for this project? Newtown Corp. is considering a three-year project that has a weighted average cost of capital
Realized gains or losses on available-for-sale investments represent the difference between the Realized gains or losses on available-for-sale investments represent the difference between the historical cost and the average market value of the invest..
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