What is the carrying value of the bonds on december 31

Assignment Help Financial Management
Reference no: EM132325611

Question

A company issues $16100000, 5.8%, 20-year bonds to yield 6% on January 1, 2016. Interest is paid on June 30 and December 31.

The proceeds from the bonds are $15727852. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2018?

Reference no: EM132325611

Questions Cloud

Describe how you would convey the assessment findings : Describe how you would convey the assessment findings to the client and family. Include how you would prioritize the needs and formulate agreed upon outcomes.
What amount should robbins record as lease liability : Robbins, Inc. leased a machine from Ready Leasing Co. The lease qualifies as a capital lease and requires 10 annual payments of $10,000 beginning immediately.
Discussing treatment options for adjudicated juveniles : Create a 6-panel brochure with between 250 - 350 discussing treatment options for adjudicated juveniles. Address the following.
Explain that you would like to apply the knowledge : Write a 350- to 700-word letter addressed to your immediate supervisor(s) and provide them with relevant details about the MHA program, what you expect to gain.
What is the carrying value of the bonds on december 31 : The proceeds from the bonds are $15727852. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2018?
What amount of short-term debt could be excluded : Coronado Industries has $2960000 of short-term debt it expects to retire with proceeds from the sale of 81000 shares of common stock.
What goodwill impairment should be recognized by sunlands : Sunlands Company bought Special Products Division in 2017 and appropriately recorded $756000 of goodwill related to the purchase.
Determine the tablet store accounts payable : The Tablet Store recently opened to sell iPads and other tablet computing devices. It purchases its tablets directly from the manufacturers.
Create a logical data model depicted as an data dictionary : Given a business case study, create a logical data model depicted as an Entity-Relationship Diagram (ERD) and data dictionary

Reviews

Write a Review

Financial Management Questions & Answers

  Part of the process of cost allocation

Which of the following is not part of the Process of cost allocation?

  How much will peter be able to deduct in 2019

How much will Peter be able to deduct in 2019? Will your answer change if Peter losses $30,000 from one property and earns $20,000 from the other?

  What interest rate would you be indifferent

At what interest rate would you be indifferent between the two choices?

  What is bccis cost of equity capital

What is BCCI's cost of equity capital? - what is WACC? - if BCCI is presented with a project with an internal rate of return of 12%, should it accept the project?

  How does dell operate with such low current ratio

Discuss how Dell can operate with such a historically low current ratio, why it does so and what safeguards you would have as a financial manager to prevent this from becoming a crisis. Why does Dell operate with such a low current ratio? What safegu..

  Investigating two computer systems

Champlain Corp. is investigating two computer systems. The Alpha 8300 costs $3,122,300 and will generate annual cost savings of $1,345,500 over the next five years. The Beta 2100 system costs $3,750,000 and will produce cost savings of $1,125,000 in ..

  Fixed-asset and depreciation schedule presented

The accounting department of Kohlbeck has started the fixed-asset and depreciation schedule presented below.

  Focus exclusively on project market risk

Discuss whether or not managers of investor-owned providers focus exclusively on a project’s market risk.

  What is the length of the days sales in inventory

Scribble, Inc. has sales of $82,000 and cost of goods sold of $66,000. The firm had a beginning inventory of $12,000 and an ending inventory of $14,000. What is the length of the days' sales in inventory?

  Percentage cost of the issue as percentage of market value

What was the total percentage cost of the issue as a percentage of the market value at the end of the first day if 250,000 shares were offered?

  Find the price to yield an investor

Find the price to yield an investor 7.7 percent convertible semiannually.

  Owners pay when operating and maintaining common areas

What types of expenses would property owners pay when operating and maintaining common areas?

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