What was the january issue price

Assignment Help Accounting Basics
Reference no: EM132608592

Question 1: Zero coupon bonds pay no interest-the only cash investors receive is the lump-sum principal payment at maturity. On January 1, 2019, The Ledge Inc. issued $250 million of zero coupon bonds at a maturity yield rate of 10%. The bonds mature in 20 years. What was the January 1, 2039, issue price of these zero coupon bonds?

Reference no: EM132608592

Questions Cloud

Explain the different types of price discrimination : Explain the different types of price discrimination. Then identify real-world example of price discrimination and explain which type of price discrimination is
Discuss why might managers find a flexible-budget analysis : Determine How might a manager gain insight into the causes of flexible-budget variances for direct materials, labor, and overhead? Provide example
What is the value of the project with the abandonment option : What is the value of the project with the abandonment option? Would the option affect the company's decision to proceed with the project today?
About the effects that tariffs-changing trade agreements : Discuss what credible economists say about the effects that tariffs, changing trade agreements, and/or manipulating exchange rates
What was the january issue price : Zero coupon bonds at a maturity yield rate of 10%. The bonds mature in 20 years. What was the January 1, 2039, issue price of these zero coupon bonds?
Career succession planning and employee development : More and more companies seek the outsourcing services of HR recruitment companies.
Examine current issues facing accountants and the accounting : Provide the current trends in accounting, examine current issues facing accountants and the accounting profession in the coming years
Maturity stages and performance dimensions : Define each of the maturity stages and performance dimensions. What are the key concepts from each section?
What are the goals of the company : 1) What are the goals of the Company? 2) The recording of the journal when the transaction occurs is a method?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Describe how the company is governed

Describe how the company is governed. That is, is it a corporation? If so, who do you think the stockholders are? Do they live where you do

  Prepare the adjusting entry at december

December 31, 2013, securities fair value adjustments balance-Dr. 5,400. Prepare the adjusting entry at Dec. 31, 2014 to report the portfolio at fair value

  Would comply with the co-workers request or not

What is leftover so the extra supplies can be used at a nonprofit organization. How would you respond? Would you comply with the co-workers request or not?

  Determine which account is credited

An owner invests $20,000 in her new business by depositing the cash in the business's checking account? Determine Which account is credited?

  Prepare entries to record both the acquisition and the sale

Assume the same facts as in QS15 8 except that the stock acquired represents 40% of ORD Corp.'s outstanding stock.

  Regal products has a budget of 900000 in 20x6 for

regal products has a budget of 900000 in 20x6 for prevention costs. if it decides to automate a portion of its

  Compute the largest tax deduction possible

Compute the largest tax deduction possible in 2010 for the equipment (consider the Section 179 election, Bonus Depreciation, and MACRS):

  Concept regarding depreciation expense

The yearly depreciation on the building is $2,000. Required: Prepare the general journal entries to record the stock issue and the purchase of the land and building on January 1 and the depreciation expense on December 31, 2010.

  Prepare flexible budgets for the cmpany

Q2. Prepare flexible budgets for the cmpany at sales valumes of 18,000 and 24,000 unit.(Round your varidble amount per unit amswers to 2 decimal places. Input all amount as positive values. Omit "$" sing in your response.)

  Compute the total labor variance

August, 40,800 hours of labor are incurred at a cost of $12.10 per hour to produce 10,000 units of Product DD. Compute the total labor variance

  Company policy is to end each month with merchandise

Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales

  What is amount of tax jacob will owe on income allocation

What is the amount of tax Jacob will owe on the income allocation if the income is qualified business income and Jacob qualifies for the full QBI deduction?

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