Business, 13.05.2021 19:20 danielboek
Most Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $480 million on January 1, 2021. The bonds mature in 2031 (10 years). For bonds of similar risk and maturity the market yield is 12%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31. Most recorded the sale as follows:
January 1, 2021
Cash (price) 566,589,440
Discount on bonds (difference) 73,410,560
Bonds payable (face amount) 640,000,000
Required:
What would be the amount(s) related to the bonds that Most would report in its statement of cash flows for the year ended December 31, 2021?
Answers: 1
Business, 21.06.2019 19:30
Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.
Answers: 2
Business, 21.06.2019 20:30
What is the difference between a public and a private corporation?
Answers: 1
Business, 22.06.2019 19:40
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
Business, 22.06.2019 19:50
On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock
Answers: 1
Most Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $480 million on Janua...
Geography, 23.09.2021 20:10
Physics, 23.09.2021 20:10
Mathematics, 23.09.2021 20:10
Mathematics, 23.09.2021 20:10
English, 23.09.2021 20:10
Mathematics, 23.09.2021 20:10
Mathematics, 23.09.2021 20:10
Biology, 23.09.2021 20:10
Biology, 23.09.2021 20:10
Social Studies, 23.09.2021 20:10
History, 23.09.2021 20:10
Chemistry, 23.09.2021 20:10
Physics, 23.09.2021 20:10