User Account

All Pages

What is the carrying amount of bond investment on december

Assignment Help Accounting Basics
Reference no: EM132822864

On January 1, 2020, Cote d'Ivoire Company purchased serial bonds with face amount of P3,000,000 and stated 12% interest payable annually every December 31. The bonds are to be held as financial assets at amortized cost with a 10% effective yield. The bonds mature at an annual installment of P1,000,000 every December 31.

Problem 1: What is the bond premium?

Problem 2: What is the carrying amount of the bond investment on December 31, 2020?

Reference no: EM132822864

Questions Cloud

Beck Manufacturing case : Calculate the capacity of each machine center and the capacity of the system. Suggest ways Beck can expand capacity without purchasing new equipment.
What is the market price of the bonds for zimbabwe company : At the beginning of current year, Zimbabwe Company purchased 5-year bonds with face amount of P8,000,000. What is the market price of the bonds?
Summarize frederick taylor scientific management approach : What are some of the key elements that you observe in how today's organizations practice management?
What is a benefit of employee empowerment : QUESTION 1. The Canadian Human Rights Tribunal's ruling that forces Air Canada pilots to retire at the age of 60 is an example of a bona fide occupational requi
What is the carrying amount of bond investment on december : Cote d'Ivoire Company purchased serial bonds with face amount. What is the carrying amount of the bond investment on December 31, 2020?
How much would payment option : You can take your prize money either as (a) 30 payments of $1m per year (starting today); OR (b) 15 million paid today. How much would payment option
What is the correct irr rule for project c : Suppose that the two are combined into one project, called C. What is the IRR of Project C? What is the correct IRR rule for Project C?
Determine the variable cost per unit : Fixed costs are $146,700 and income from operations is $1,026,900. Determine the following: variable cost per unit and contribution margin ratio
Calculate the total to be recorded in box of reese : Calculate the total to be recorded in Box 14 of Reese's T4 information slip. Reese works in Prince Edward Island and has 2019 payroll totals of regular earnings

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