What is the carrying value of the bonds as of December

Assignment Help Accounting Basics
Reference no: EM132880049

Question - On January 1, 2020, Junibond issued 5-year 10%, P10,000,000 for P10,246,744. Interest and principal is payable in equal annual installments every January 1. The yield rate for similar bonds is 9%. What is the carrying value of the bonds as of December 31, 2021?

Reference no: EM132880049

Questions Cloud

Prepare the shareholders equity section of the SFP : The Retained Earnings balance is $190,000 before considering the transactions above. Prepare the shareholders' equity section of the SFP in good form
Innovation and change management process : Innovation and the change management process are vitally linked to how companies react to their environments.
What is the APR of this loan : A PLAM (price level adjusted mortgage) has the following terms: loan amount $128,000, What is the APR of this loan
Innovation and change management process : Innovation and the change management process are vitally linked to how companies react to their environments.
What is the carrying value of the bonds as of December : On January 1, 2020, Junibond issued 5-year 10%, P10,000,000 for P10,246,744. What is the carrying value of the bonds as of December
What is the dual employer common law doctrine : What are two criteria that part-time employees must meet to be eligible to participate in qualified retirement plans? What is dual employer common law doctrine
Benefits to the company despite economic downturn : What decisions related to expatriates can organizations take to maximize the benefits to the company despite the economic downturn?
Do you think those acquisitions result in diversifications : Danaher categorizes its acquisition targets into three types. Do you think those acquisitions result in diversifications?
Apply learning outcomes of leading strategic change : Apply the learning outcomes of leading strategic change within an organization course and lecture concepts

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.

  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!

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