Business

Business, 25.10.2019 23:43, lajuannanpf

E-tech initiatives limited plans to issue $630,000, 10-year, 6.00 percent bonds. interest is payable annually on december 31. all of the bonds will be issued on january 1, 2019. show how the bonds would be reported on the january 2, 2019, balance sheet if they are issued at 103.

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Business, 27.06.2019 20:10, andrewhayward

Cron corporation is planning to issue bonds with a face value of $850,000 and a coupon rate of 13 percent. the bonds mature in five years and pay interest semiannually every june 30 and december 31. all of the bonds were sold on january 1 of this year. cron uses the effective-interest amortization method. assume an annual market rate of interest of 12 percent. (fv of $1, pv of $1, fva of $1, and pva of $1) 1. what was the issue price on january 1 of this year ? 2. what amount of interest expense should be recorded on june 30 and december 31 of this year? 3. what amount of cash should be paid to investors june 30 and december 31 of this year? 4. what is the book value of the bonds on june 30 and december 31 of this year?

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Business, 26.11.2019 03:31, valerieaj113

Claire corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 percent. the bonds mature in two years and pay interest quarterly every march 31, june 30, september 30, and december 31. all of the bonds were sold on january 1 of this year. claire uses the effective-interest amortization method and does not use a discount account. assume an annual market rate of interest of 12 percent. (fv of $1, pv of $1, fva of $1, and pva of $1) (use the appropriate factor(s) from the tables provided.) p10-8 part 3 3. what bonds payable amount will claire report on this year's december 31 balance sheet?

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Business, 28.11.2019 06:31, axiabarbie

Cron corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. the bonds mature in five years and pay interest semiannually every june 30 and december 31. all of the bonds were sold on january 1 of this year. cron uses the effective-interest amortization method. assume an annual market rate of interest of 12 percent. (fv of $1, pv of $1, fva of $1, and pva of $1) (use the appropriate factor(s) from the tables provided.) 1. what was the issue price on january 1 of this year ? 2. what amount of interest expense should be recorded on june 30 and december 31 of this year? 3. what amount of cash should be paid to investors june 30 and december 31 of this year? 4. what is the book value of the bonds on june 30 and december 31 of this year?

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E-tech initiatives limited plans to issue $630,000, 10-year, 6.00 percent bonds. interest is payable...

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