Since you are asking fo 341 and 345 , I am answering these 2 only |
Dear Student |
Please find below the answer |
Q341 B Indirect method since in indirect method section of operating activities begins with net income and non cash items are added |
Q345 Collateral is useful when there are multiple creditors |
please answer 341 and 345 hed ferig A) the Direct Methid B) the Indirect Methood 342) ABC issued callable bonds on January 1, 2018. ABC's accountant has projected the following amortization sc...
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
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...
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...
Days in the Operating Cycle equals: Days in Inventory - Days in Receivables + Days in Payables Days in Inventory + Days in Receivables – Days in Payables Days in Inventory + Days in Receivables + Days in Payables Days in Inventory - Days in Receivables – Days in Payables The ending Retained Earnings balance of ABC increased by $1.5 million from the beginning of the year. The company's net income earned during the year is $3.5 million. What is...
Additional Assignment :Use the following information to answer questions 9-11. On January 1, 2018 Ball Corp issued $20,000,000 of 3% bonds due in 20 years with interest payable semiannually on June 30 and December 31 each year. The market rate is 4%. The bonds issue at $17,264,444. 9) Which of the following is true about the issue price and the face price? A) The difference in the bond issue price and the bond face value represents additional interest revenue for...