Blossom Company issued 12%, 7-year, $2,706,800 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2017, and are issued on that date. The discount rate of interest for such bonds on April 1, 2017, is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Blossom receive from issuance of the bonds? (Round answer to 0 decimal places, e.g. 125.) Cash proceeds from issuance of the bonds $enter cash proceeds in dollars rounded to 0 decimal placesEntry field with incorrect answer now contains modified data
Blossom Company issued 12%, 7-year, $2,706,800 par value bonds that pay interest semiannually on October 1...
Brief Exercise A-16 Gleason Enterprises issued 10%, 7-year, $2,730,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2020, and are issued on that date. The discount rate of interest for such bonds on April 1, 2020, is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Gleason receive from issuance of the...
Sunland Company issued 10%, 9-year, $2,496,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2017, and are issued on that date. The discount rate of interest for such bonds on April 1, 2017, is 12%. What cash proceeds did Sunland receive from issuance of the bonds? (Round answer to 0 decimal places, e.g. 125.) Cash proceeds from issuance of the bonds $ ______
Current Attempt in Progress Cullumber Company issued 6%, 7-year, $320,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Cullumber receive from issuance of the bonds? (Round...
Gleason Enterprises issued 10%, 7-year, $2,730,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2020, and are issued on that date. The discount rate of interest for such bonds on April 1, 2020, is 12%. What cash proceeds did Gleason receive from issuance of the bonds? (Round answer to 0 decimal places, e.g. 125.)
Brief Exercise G-16 Pharoah Company issued 6%, 6-year, $225,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Pharoah receive from issuance of the bonds? (Round answer...
X Your answer is incorrect. Carla Vista Co, issued 6%, 7-year, $240,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Carla Vista receive from issuance of...
Blossom Company issued 6%, 7-year, $310,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8%. Please help! They give you this factor table, too. This should be all you need! Please help me! _ Your answer is incorrect. Blossom Company issued 6%, 7-year, $310,000 par value bonds that pay interest annually on...
Brief Exercise A-16 xl Your answer is incorrect. Try again. Gleason Enterprises issued 12%, 8-year, $2,770,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2020, and are issued on that date. The discount rate of interest for such bonds on April 1, 2020, is 14%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds...
Link to view the factor table (https://education.wiley.com/content/Kimmel_Financial_Accounting_9e/media/simulations/hidden/Wey_Fin_9e_pvtables.pdf) Current Attempt in Progress Ivanhoe Company issued 6%, 6-year, $270,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Ivanhoe...
Spiller Corp. plans to issue 10%, 7-year, $420,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is...