User Account

All Pages

Prepare an effective method amortization table

Assignment Help Accounting Basics
Reference no: EM13537078

On December 31, 2012, Laraboo Corp. issues 11%, 10-year convertible bonds payable with a maturity value of $4,000,000. The semi-annual interest rate is 12%, and the issue price of the bonds is 94.265. Laraboo Corp. amortizes bonds by the effective e-interest rate. method.

Requirements:
1. Prepare an effective method amortization table for the first four semi-annual interest periods.
Note: Show in table (B). Interest expense 6% of preceding bond carrying amount how you got the figures for each interest period.

Reference no: EM13537078

Questions Cloud

What is the gauge pressure at this depth : You are designing a diving bell to withstand the pressure of seawater at a depth of 220 m. What is the gauge pressure at this depth? (You can ignore changes in the density of the water with depth.)
Find the velocity of mass as it leaves contact with spring : A spring with a constant of 32 N/m is placed on a horizontal smooth surface and a mass of 2.3 kg is pushed against it. What is the velocity of the mass as it leaves contact with the spring
Explain 4-dimethyl-aminobenzaldehyde is condensed : Speculate on the structure of the compound formed when 4-dimethyl-aminobenzaldehyde is condensed with 4-chlorobenzaldehyde
Black smokers are hot volcanic vents that emit smoke deep : Black smokers are hot volcanic vents that emit smoke deep in the ocean floor. Many of them teem with exotic creatures, and some biologists think that life on earth may have begun around such vents.
Prepare an effective method amortization table : Prepare an effective method amortization table for the first four semi-annual interest periods.
Calculate what moment of inertia is required : The flywheel of a gasoline engine is required to give up 530J of kinetic energy while its angular velocity decreases from 690 rev/min to 550 rev/min. What moment of inertia is required
Impact of climate change mitigations : The response of international tourism industry to globalization - the impact of climate change mitigations on sustainable tourism.
Calculate the amount of itemized deductions : Calculate the amount of itemized deductions the Gibsons may claim for the year.
How far would it have to drop in free fall to acquire : A grinding wheel in the shape of a solid disk is 0.200m in diameter and has a mass of 2.50kg. How far would it have to drop in free fall to acquire the same amount of kinetic energy

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a tabular analysis of the transactions using the

barones repair shop was started on may 1 by nancy barone. a summary of may transactions is presented below.1. invested

  Problem related to manufacturer of mechanical pencils

The following information is available for the first month of operations of Zahorik Company, a manufacturer of mechanical pencils:

  What is the most that misu can pay for a comforter

Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $120 for a comforter. Misu wants a 30% markup on selling price. What is the most that Misu can pay for a comforter?

  Minimum transfer price under different situations

The following facts are available regarding the Personal Computer (PC) Division. Selling price of standard circuit board $57 Variable cost of standard circuit board 30 Additional variable cost of special circuit board 21 Determine minimum transfer pr..

  How are merchandising inventories accounted

Inventory is the most important asset for many merchandising companies. How are merchandising inventories accounted for under U.S. GAAP?

  What is the significance of current assets long-term asset

What is the significance of current assets vs. long-term assets? Would they affect your ability to obtain a loan or sell your business? Explain.

  Which of following statements concerning users of

which of the following statements concerning users of accounting information is incorrect?management is considered an

  Projected increase in retained earnings

Joe's boxed fruit expects sales of $1,800 next year. the profit margin is 6 percent and the firm has a 40 percent dividend payout ratio. What is the projected increase in retained earnings?

  Sporting goods division at the break-even point

The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point?

  Customers deliveries are made and the customers are billed

the following events take place at dillons delivery service 1. supplies are ordered from vendors who will deliver the

  Effect of the errors on net income

What is the effect of the errors on 2009 net income before taxes?

  Is the wacc an average concept or a marginal concept in

is the wacc an average concept or a marginal concept in your opinion? should we use the historical wacc or the marginal

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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