User Account

All Pages

How much is the initial carrying value of the bond

Assignment Help Accounting Basics
Reference no: EM132867695

Question - On January 1, 2020, Marimar Company issued 10,000 of its 12%, P1,000 face value 5-year bonds at 105. Interest on the bonds is payable annually every December 31. In connection with the sale of these bonds, Marimar paid the following expenses:

Promotion costs P100,000

Engraving and printing 400,000

Underwriter's commissions 500,000

Required - How much is the initial carrying value of the bond?

Reference no: EM132867695

Questions Cloud

Why did the conflict escalate and how was conflict resolved : How/why did the conflict escalate? How was the conflict resolved? What would the student have done differently, based on what he or she has learned in the class
How are prices established in foreign exchange markets : 1. Under what conditions might a country devalue its currency today?
What is the best thing can do to address social loafing : Have you ever been on a team and experienced social loafing? As a team leader, what is the best thing you can do to address social loafing?
Marketing different from traditional marketing tactics : How is social media marketing different from traditional marketing tactics?
How much is the initial carrying value of the bond : On January 1, 2020, Marimar Company issued 10,000 of its 12%, P1,000 face value 5-year bonds at 105. How much is the initial carrying value of the bond
Prepare and train a team of three managers to go to warsaw : How would you prepare and train a team of three managers to go to Warsaw, Poland, to oversee the operations of a recently acquired financial services firm?
Selling expensive insurance policies : Hamza works for a life insurance company as a sales representative. He has been working in that company for more than five years. He has got good communication
How much of the LCF can the company carry : The restaurant business lost $150,000 and the publishing earned $350,000. How much of the LCF can the company carry in 2021, if any
Should hr suggest a pay policy to lead or match the market : Should HR suggest a pay policy to lead, leg, or match the market? What are some strategic considerations in establish a pay structure at Nutriment?

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