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Union Local School District has bonds outstanding with a coupon rate of 3.2 percent paid semiannually and 23 years to maturity. The yield to maturity on these bonds is 3.7 percent and the bonds have a par value of $5,000. What is the price of the bonds? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Journalize February transactions for Gems Inc. No explanations are required - Journalizing purchase and sale transactions-perpetual inventory Consider the transactions that occurred in February 2012 for Gems, Inc.
Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model and determine the true cash balinCe by.preparing a bank reconciliation econciliation as of May 31, 2013..
What is the total cost of the ending inventory according to FIFO and LIFO
Assume that no new investments were made in net fixed assets or net working capital, and no new stock was issued during the year. Calculate the firm's new long-term debt added during the year.
If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? Explain.
No new working capital would be required. Revenues and other operating costs are expected to be constant over the project’s three-year life. Illustrate what is the project’s NPV?
a friend of yours works at a large corporation and listens to the stock reports regularly. your friend asks you i
The correct journal entry to record the purchase of $320,000 of raw materials on account is:
A company reported the following information for 2014: Calculate Net Income: Calculate Other Comprehensive Income: Calculate Comprehensive Income:
To make the money last, you have decided to invest it at 12% and withdraw it in 20 equal amounts over the next 20 years. Your first withdrawal will be one year from today. How much will you be able to withdraw each year?
illustrate what adjusting journal entry must be made to recognize bad debts expense on June 30, 2012?
Memorial Graphs uses a job-order cost system.- journalize the required entries to record the above summarized operations.
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