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-   -   Compute the price of the bonds on their issue date (https://www.askmehelpdesk.com/showthread.php?t=481366)

  • Jun 20, 2010, 02:47 PM
    piss1ant
    Compute the price of the bonds on their issue date
    Can you help please?

    On Jan 1 a company issues bonds with a par value of $300,000. The bonds mature in 5 years and pay 8% annual interest each June 30 and Dec 31. On the issue date, the market rate of interest is 6%. Compute the price of the bonds on the issue date. The following information is taken from present value tables:

    Present Value of annuity for 10 periods at 3%... 8.5302
    Present Value of annuity for 10 periods at 4%... 8.1109
    Pressent value of 1 due in 10 periods at 3%... 0.7441
    Pressent value of 1 due in 10 periods at 4%... 0.6756
  • Jun 20, 2010, 04:49 PM
    piss1ant
    specific
    A corporation had stockholders' equity on January 1 as follows: Common Stock, $5 par value, 1,000,000 shares authorized, 500,000 shares issued; Contributed Capital in Excess of Par Value, Common Stock, $1,000,000; Retained Earnings, $3,000,000. Prepare journal entries to record the following transactions:
  • Jun 27, 2010, 10:50 AM
    piss1ant
    To compute trend percents the analyst should:
    To compute trend percents the analyst should:

    A. Select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a percent of their base period number.
    B. Subtract the analysis period number from the base period number.
    C. Subtract the base period amount from the analysis period amount, divide the result by the analysis period amount, then multiply that amount by 100.
    D. Compare amounts across industries using Dun and Bradstreet.
    E. All of the above.
  • Jun 27, 2010, 11:03 AM
    piss1ant
    Problem ( 60 points )
    Problem ( 60 points )
    Use the balance sheets of Sando shown below to calculate the following ratios for 2008 (round to the hundredths):
    (a) Current ratio.
    (b) Acid-test ratio.
    (c) Debt ratio.
    (d) Equity ratio.
  • Jun 27, 2010, 11:05 AM
    Curlyben
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: https://www.askmehelpdesk.com/financ...-b-u-font.html
  • Jun 27, 2010, 11:13 AM
    piss1ant
    To compute trend percents the analyst should:
    Use the balance sheets of Sando shown below to calculate the following ratios for 2008 (round to the hundredths):
    (a) Current ratio.
    (b) Acid-test ratio.
    (c) Debt ratio.
    (d) Equity ratio.

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