Produces and sells high quality video equipment

Assignment Help Financial Accounting
Reference no: EM13776532

Pinder co produces and sells high quality video equipment. to finance its operations pinder co issued $25,000,000 of five year, 7% bonds, with interest paybale semiannually at a market interest rate of 9%. Determine the present value of the bonds payable, round to the nearest dollar.

Reference no: EM13776532

Questions Cloud

What is the major drawback of issuing bonds : Why would a company issue bonds, when that means going into debt? What is the major drawback of issuing bonds?
Interest payable semiannually at a market interest rate : Roehm co issued $30,000,000 of four year 10% bonds with interest payable semiannually at a market interest rate of 8%. Determine the present value of the bonds payable, round to the nearest dollar.
Explaining critical issues in policing : Write a 1,050-word paper explaining critical issues in policing. Address the following key aspects of policing activities and operations: Dangers of policing
Evaluating different health care providers : Explain case mix and why it is important in evaluating different health care providers.
Produces and sells high quality video equipment : Pinder co produces and sells high quality video equipment. to finance its operations pinder co issued $25,000,000 of five year, 7% bonds, with interest paybale semiannually at a market interest rate of 9%. Determine the present value of the bonds pay..
Annotated list of professional relevant to psychology : Create an annotated list of 10 to 12 reputable, professional websites (e.g., government agencies, professional organizations, professional associations...) that are relevant to psychological research and practice. Commercial or non-academic websit..
Ethical values different priorities in different cultures : Ethical values may have different priorities in different cultures. I concur that nuance should be learned. A good example of ethics rules in any country is for an employee who talks to his co-workers after the coworkers has committed some violations..
Wearable computers in policing of interest : Wearable computers in policing of interest
Define how does emtala embrace the ethical principles : How does EMTALA embrace the ethical principles of justice and autonomy, and how might it hinder quality care for a patient

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Anticipated level of production

Sugar Corp has a selling price of $21, variable costs of $11 per unit, and fixed costs of $21,500. Sugar expects profit of $314,000 at its anticipated level of production. If Sugar sells 4,600 units more than expected, how much higher will its profit..

  Use a different cost accounting system

Under what circumstances might Armstrong use a different cost accounting system - Finding the circumstance might Armstrong use a different cost accounting system.

  Explain how much inventory was requisitioned for use on jobs

At the beginning of 2011, there was $2,000 of materials on hand. During the year, the company purchased $305,000 of materials; however, it paid for only $292,500. Explain how much inventory was requisitioned for use on jobs during 2011?

  Determine present value-revenues and costs are after tax

You can invest in a machine that costs $500,000. You can expect revenues net of any expense, except machine costs, of $150,000 at the end of each year for five years. You will subcontract the maintenance costs at a rate of $20,000 a year, to be paid ..

  Variable costing income statement reconciliationwhitman

variable costing income statement reconciliationwhitman company has just completed its first year of operations. the

  Transactions summarized in the trial balance

The preferred stock was issued in exchange for the land and buildings - Journalize the two entries to record the transactions summarized in the trial balance.

  Stockholders equity and revenue

Classification of items  - Classify each of the above accounts as an asset (A), liability (L), stockholders' equity (SE), revenue (R), or expense (E) item.

  Computing cost of usagenbsp per customer using the data

computing cost of usagenbsp per customer using the data given.calumet inc is investigating its phone ordering costs and

  Brandywire homecare a not for profit business had revenues

brandywire homecare a not for profit business had revenues of 12 million in 2007. expenses other thatn depreciation

  Explain about ingram-lee model

Assess how closely the company adheres to the Ingram-Lee model in absolute and relative terms: If income increases, does cash flow increase at a lesser rate? Does investing have net outflows and financing have net cash inflows?

  Create the appropriate journal entry

Create the appropriate journal entry to record the purchase on 1 st April, 20X7 and create the appropriate journal entry to record the year-end discount amortization on December 31, 20X7.

  Record the year-end adjusting entry for the amortization

On July 1, 2008, Falk Company signed a contract to lease space in a building for 20 years. The lease contract calls for annual (prepaid) rental payments of $90,000 on each July 1 throughout the life of the lease and for the lessee to pay for all a..

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!

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