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A corporation issues $85,000, 8%, 5-year bonds on January 1, 2011, for $88,825. Interest is paid semiannually on January 1 and July 1. If the corporation uses the straight-line method of amortization of bond premium, determine the amount of bond interest expense to be recognized on July 1, 2011.
how firms estimate their cost of capital the wacc for a firm is 13.00 percent. you know that the firms cost of debt
Make an adjusting enrty for the following. This is unadjusted TB. The book keeper incorrectly credited sales for a recipt onaccount for 4000.This error had not been corrected on Dec 31
condensed balance sheet and income statement data for jernigan corporation are presented here.jernigan corporation
at the beginning of the month of december toler industries had the following balances in its trialbalanceaccount
Develop a strategy for Anderson's foreign currency. The strategy should maximize Anderson's gain or minimize its loss, whatever the case.
tawstir corporation has 500 obsolete personal computers that are carried in inventory at a total cost of 720000. if
The net income of the first year was $12,000. If the income is divided according to their capital, how should the income is divided?
Slaughter earned $220,000 in net income in 2013 (not including any investment income) while Bennett reported $90,000. Slaughter attributed any excess acquisition-date fair value to Bennett's unpatented technology, which was amortized at a rate of ..
Equipment with an estimated market value of 75,000 is offered for sale at 95,000. the equipment is acquired for 30,00 in cash and a not payable of 50,000 due in 30 days the amount used in the buyers accounting records to the acquired asset is what..
What is the value of a Northern Pacific bond with an 11 percent coupon, maturing in 15 years? Assume the market rate for this bond is 14 percent and that the interest is paid semiannually.
a. dryer manufacturing produces and sells containers designed to hold liquid beverages. the sales budget for 2011 is as
cowboy company wishes to sell a machine with a book value of 40000. the income tax rate is 30.the machine is sold for
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