Business, 13.05.2020 13:57, dareaalcaam111
Blossom Company purchased $3500000 of 9%, 5-year bonds from Splish, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $3614740 at an effective interest rate of 8%. Using the effective-interest method, Blossom Company decreased the Available-for-Sale Debt Securities account for the Splish, Inc. bonds on July 1, 2021 and December 31, 2021 by the amortized premiums of $11620 and $11980, respectively.
At December 31, 2021, the fair value of the Ritter Inc. bonds was $3,180,000. What should Lanadis Company report as other comprehensive income and as separate component of stockholder's equity?
Answers: 1
Business, 21.06.2019 22:00, tylerineedhelp
The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?
Answers: 1
Business, 22.06.2019 01:00, Travon1418
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is asterβs net profit or loss?
Answers: 3
Blossom Company purchased $3500000 of 9%, 5-year bonds from Splish, Inc. on January 1, 2021, with in...
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