Reference no: EM132574585
Question 1.) Annapolis Company purchased a $1,000, 4%, 9-year bond at 97 and held it to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)
Question 2.) Ocean Pines Company had net income $450,000. They also had depreciation expense of $100,000, an increase or (decrease) in accounts receivable of $-10,000, and an increase or (decrease) in inventory of $-35,000. Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to determine the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number. (a negative number for accounts receivable or inventory indicates that the balance decreased)
Question 3.) On January 2, 2019, All Good Company purchased 15,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $11 per share, and represents a 10% ownership stake. Big Bad Company made $375,000 of net income in 2019, and paid dividends to All Good Company of $15,000 on December 15, 2019. On December 31, 2019, Big Bad Company's stock was trading on the open market for $17.50 per share at the end of the year. Use this information to determine the unrealized gain or loss on the investment that should be reported at year end by All Good Company. If it is a loss, enter as a negative number. Round to nearest whole dollar.
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Determine the book value of the investment that should be
: Use this information to determine the book value of the investment that should be reported at year end by All Good Company. Round to nearest whole dollar.
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What was the purchase price of the annuity
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Healthcare operations management
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What total amount of dividend paid to preferred shareholder
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Compute what is the net cash received over the life
: Compute What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)
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What use of the weighted-average method will yield a cost
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What are the consequences for market efficiency
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What jack should record the cost of wages paid to store
: Jack Smith owns and operates Jack's Pizza Express. Jack should record the cost of wages paid to store employees as a(n)?liability.
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Prepare statement of owner equity for the month of april
: Prepare statement of owner's equity for the month of April. On April 1, the balance in Marc Luck, Capital was $11,200. During April, Marc withdrew $8,200 cash
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