User Account

All Pages

How do compute for the interest expense

Assignment Help Accounting Basics
Reference no: EM132670121

Problem 1: On April 1, 20x1, an entity issues bonds with face amount of P5,000,000 for P5,415,183, including accrued interest. The bonds are dated January 1, 20x1 and pay annual interest of 14% every Dec. 31. The effective interest rate is 12%. Compute for the interest expense in 20x1.

Reference no: EM132670121

Questions Cloud

Compute for the issue price of the bonds : On January 1, 20x1, an entity issues 14%, 3-year, P5,000,000 bonds at a price that reflects a yield rate of 8%. Compute for the issue price of the bonds.
Why are financial assets on a balance sheet not equal : Why are financial assets on a balance sheet not equal to financial liabilities?
Explain better annualized holding period? return : You are considering two investment alternatives. The first is a stock that pays quarterly dividends of ?$0.34 per share and is trading at ?$22.62 per? share
Write heading benefits on one side and drawbacks on other : A reference group can powerfully influence behavior, attitude, and outlook. Think about the reference groups in your own life. Choose a reference group with.
How do compute for the interest expense : How do compute for the interest expense in 20x1. On April 1, 20x1, an entity issues bonds with face amount of P5,000,000 for P5,415,183
Provide entry on april to record the issuance of the bonds : The effective interest rate is 12%. Provide entry on April 1, 20x1 to record the issuance of the bonds.On April 1, 20x1, an entity issues bonds
What is entry to report on given and any other requisites : The suit arose from the alleged defect of a product that Mild sold in year 2. In the opinion of Mild's attorney, it is probable that Mild will have to pay.
How compute for the initial carrying amount of the bonds : The effective interest rate is 12%. Compute for the initial carrying amount of the bonds. On April 1, 20x1, an entity issues bonds with face amount
What is the probability of living with family : Consider the following example survey results of 18 to 34 year old in the US in response to the question "Are you currently living with your family?"

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd