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1). 830 bonds, 1000 face value, 8% stated rate, 10 year semi annual interest payment. Assuming the market rate of interest is 10% calculate the selling price for each bond issued. Answer to nearest dollar. 2). 1990 bonds, 500 face value, 12% stated rate, 15 year semi annual interest payment. Assuming the market rate of interest is 10% calculate the selling price for each bond issued. Answer to nearest dollar.
The Ness Company sells $5,000,000 of five-year, 10% bonds on January 1, 2011. The bonds have an effective yield of 9%.
superior door company sells pre-hung doors to home builders. the doors are sold for 60 each. variable costs are 42 per
kalox inc. manufactures an antacid product that passes through two departments. data for may for the first department
On january 1, 2004 kate products issued ten year convertible bonds of $1800000 at 105. Interest es payable semiannually on june 30 abd dicember 31 at a rate of 12%. straight-line amortization is recorded at the end of the calendar year.
why would a state or local government establish a capital projects fund? what type of project might be considered a
You own 8% of the Standlee Corporation's common stock, which most recently sold for $98 before a two-for-one stock split announcement. Before the split, there are 30,000 shares of common stock outstanding. Relative to now, what will be your financ..
A U.S. importer that purchased merchandise from a south korean firm would be exposed to a net exchange gain on the unpaid balance if the:
horowitz company is planning to produce 2000 units of product in 2012. each unit requires 3 pounds of materials at 6
How are managerial accounting concepts useful for a decision-maker at any level in an organization? Make sure to include different levels of decision-makers in your reply.
Sanchez Co. sells flags with team logos. Sanchez has fixed costs of $ $602,000 per year plus variable costs of $5.50 per flag. Each flag sells for $12.50.
Overhead applied to Standard using traditional costing using direct labor hours is
How will the following transactions affect the balance sheet equation? Also write the journal entriesfor them.
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