Homework Answers
Answer 10 $352364
As
Bonds of $370000 would have been issued at discount $17636 so the net issue price is $352364
Answer $1910 gain
calculated as
Carrying value = $299259
Redemption value = 297349
Gain on redemption = $299349-$297349 = $1910 gain
Feel free to ask any clarification, if required. Kindly
provide feedback by thumbs up, if satisfied. It will be highly
appreciated.
Thank you.
Add Answer to:
DUH WU Disc X2QCQC G Dis 10 Tony Hawk's Adventure (THA) issued calable bonds on January...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 Interest Increase in Carrying Carrying Cash Paid Expense Value Value $194,758 $7,000 $7,790 $790 195,548 7,000 7,822 822 196, 370 7,000 855 197,225 7,000 7,889 198, 114 7,000 7,925 199,039 7,000 7,961 200,000 7,855 THA issued the bonds for Multiple Choice $200,000 ОО $194,758 a $242.000
35) Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the fo...
35) Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Increase in Carrying Carrying Value Interest Date Cash Paid Value Expense 01/01/2021 S 194,7518 195,548 06/30/2021S 7,000 S 7,790 7,822 7,855 7,889 7,925 7,961 S 790 822 855 889 12/31/2021 7,000 7,000 7,000 7,000 7,000 196,370 197,225 198,114 06/30/2022 12/31/2022 925 06/30/2023 199,039 200,000 12/31/2023 961 THA issued the bonds for: A) S194,758 B) $242,000 C)...
apters 7-9 Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has...
apters 7-9 Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Interest Expense Increase in Carrying Value $ Date Cash Paid 01/01/2021 86/30/2021 $7,698 12/31/2021 7,899 06/30/2022 7,898 12/31/20227,000 06/30/2023 7,000 12/31/28237 ,808 7,790 7,822 7,855 7.889 7,925 7,961 $790 822 855 889 925 961 Carrying Value $ 194,758 195.548 196,370 197,225 198,114 199,039 200,000 THA issued the bonds for: Multiple Choice $200.000 loooo $194758 $242.000...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2018. THA's accountant has projected the...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2018. THA's accountant has projected the following amortization schedule from issuance until maturity: Cash Paid Carrying Value Increase in Interest Date Expense Carrying Value $194,758 1/1/2018 $790 $7,000 $7,790 195,548 6/30/2018 7,000 12/31/2018 7,822 196,370 822 7,000 7,855 197,225 6/30/2019 855 7,889 889 12/31/2019 7,000 198,114 7,000 7,000 7,925 199,039 6/30/2020 925 200,000 12/31/2020 7,961 961 The THA bonds have a life of: 6 years. Cannot be determined from the...
Tony Hawk's Ad d bonds on my 2007 H an harte the formation schedule omincerty Interest...
Tony Hawk's Ad d bonds on my 2007 H an harte the formation schedule omincerty Interest increase Expense Cash Paid 01/01/2021 06/30/2021 $7,000 12/31/2021 7,000 06/30/2022 7,000 12/31/20227,000 06/10/2023 7.000 12/31/2023 7.000 $, 0 7.822 7.955 7,899 $154,758 195,568 190 197,225 7,961 THAbbate 6000 on 12312021 and the W or w oudercado de O Noor $50 < Prey 230 Next >
Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return...
Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 7% 5% Bond 2 8% 8% Bond 3 12% 14% Bond 4 9% 11% Bond 3. Bond 4. Bonds 3 and 4 Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Interest Expense Increase in value Carrying Value Cash Paid Date 01/01/2021 06/30/2021 12/31/2021...
On January 1, 2021, Splash City issues $370,000 of 6% bonds, due in 20 years, with...
On January 1, 2021, Splash City issues $370,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $330,493. Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $332,463 on December 31, 2022. (Round Interest expense to nearest whole dollar.) Date Cash Paid Interest Expense Increase in Carrying Value Carrying...
Federal Semiconductors issued 10% bonds, dated January 1, with a face amount of $870 million on...
Federal Semiconductors issued 10% bonds, dated January 1, with a face amount of $870 million on January 1, 2021. The bonds sold for $800,199,358 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 11%. Interest is paid semiannually on June 30 and December 31. Federal determines interest at the effective rate. Federal elected the option to report these bonds at their fair value. On December 31, 2021, the fair value...
9 Quiz o Help Save & Exit Subm 17 X2 issued calable bonds on January 1...
9 Quiz o Help Save & Exit Subm 17 X2 issued calable bonds on January 1 2021 The bonds pay interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance un maturity Interest Expense Decrease in Carrying Value Cash Paid $ Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 $11,900 11.900 11.900 11.900 11.900 $11,127 11,057 10.981 72) 843 carrying Value $ 123,629 122,855 122,013 121,094 120.092 119,000 919 10.800 1,002 1.092 X2 buys...
Required information The following information applies to the questions displayed below) Part of 2 On January...
Required information The following information applies to the questions displayed below) Part of 2 On January 1, 2021, White Water issues $580,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $633,337 Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $626,569 on December 31, 2023. (Round your interest...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 Interest Increase in Carrying Carrying Cash Paid Expense Value Value $194,758 $7,000 $7,790 $790 195,548 7,000 7,822 822 196, 370 7,000 855 197,225 7,000 7,889 198, 114 7,000 7,925 199,039 7,000 7,961 200,000 7,855 THA issued the bonds for Multiple Choice $200,000 ОО $194,758 a $242.000
35) Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Increase in Carrying Carrying Value Interest Date Cash Paid Value Expense 01/01/2021 S 194,7518 195,548 06/30/2021S 7,000 S 7,790 7,822 7,855 7,889 7,925 7,961 S 790 822 855 889 12/31/2021 7,000 7,000 7,000 7,000 7,000 196,370 197,225 198,114 06/30/2022 12/31/2022 925 06/30/2023 199,039 200,000 12/31/2023 961 THA issued the bonds for: A) S194,758 B) $242,000 C)...
apters 7-9 Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Interest Expense Increase in Carrying Value $ Date Cash Paid 01/01/2021 86/30/2021 $7,698 12/31/2021 7,899 06/30/2022 7,898 12/31/20227,000 06/30/2023 7,000 12/31/28237 ,808 7,790 7,822 7,855 7.889 7,925 7,961 $790 822 855 889 925 961 Carrying Value $ 194,758 195.548 196,370 197,225 198,114 199,039 200,000 THA issued the bonds for: Multiple Choice $200.000 loooo $194758 $242.000...
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2018. THA's accountant has projected the following amortization schedule from issuance until maturity: Cash Paid Carrying Value Increase in Interest Date Expense Carrying Value $194,758 1/1/2018 $790 $7,000 $7,790 195,548 6/30/2018 7,000 12/31/2018 7,822 196,370 822 7,000 7,855 197,225 6/30/2019 855 7,889 889 12/31/2019 7,000 198,114 7,000 7,000 7,925 199,039 6/30/2020 925 200,000 12/31/2020 7,961 961 The THA bonds have a life of: 6 years. Cannot be determined from the...
Tony Hawk's Ad d bonds on my 2007 H an harte the formation schedule omincerty Interest increase Expense Cash Paid 01/01/2021 06/30/2021 $7,000 12/31/2021 7,000 06/30/2022 7,000 12/31/20227,000 06/10/2023 7.000 12/31/2023 7.000 $, 0 7.822 7.955 7,899 $154,758 195,568 190 197,225 7,961 THAbbate 6000 on 12312021 and the W or w oudercado de O Noor $50 < Prey 230 Next >
Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 7% 5% Bond 2 8% 8% Bond 3 12% 14% Bond 4 9% 11% Bond 3. Bond 4. Bonds 3 and 4 Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity Interest Expense Increase in value Carrying Value Cash Paid Date 01/01/2021 06/30/2021 12/31/2021...
9 Quiz o Help Save & Exit Subm 17 X2 issued calable bonds on January 1 2021 The bonds pay interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance un maturity Interest Expense Decrease in Carrying Value Cash Paid $ Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 $11,900 11.900 11.900 11.900 11.900 $11,127 11,057 10.981 72) 843 carrying Value $ 123,629 122,855 122,013 121,094 120.092 119,000 919 10.800 1,002 1.092 X2 buys...
Required information The following information applies to the questions displayed below) Part of 2 On January 1, 2021, White Water issues $580,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $633,337 Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $626,569 on December 31, 2023. (Round your interest...
Most questions answered within 3 hours.
-
How would you train your employees to avoid risks of using
mobile devices?
asked 3 minutes ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 1 hour ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 1 hour ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 2 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 3 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 3 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 4 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 6 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 6 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 6 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 6 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 6 hours ago