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chemistry
organic chemistry
Questions and Answers of
Organic Chemistry
Riverside Ltd. has completed the payroll for January 2015, reflecting the following data:Required:1. What amount of additional compensation expense must be paid by the company? What was the amount of
Gonzales Co. provides warranties for many of its products. Its estimated warranty liability account had a balance of $ 140,800 at January 1, 2014. Based on an analysis of warranty claims during the
Amster Corp. produces and sells a single product that requires considerable servicing and adjustment during the first two years after sale. The company offers a warranty for two years covering most
Dumax Company completed the following transactions during 2015. The company’s fiscal year ends on December 31, 2015.Jan. 2 Paid accrued interest in the amount of $ 52,000.Apr. 30 Borrowed $ 550,000
Clearwater Seafoods Inc. is a leader in the global seafood market. Its main operations include harvesting, processing, distribution, and marketing of seafood products primarily in Canada, the United
At December 31, 2014, the records of Pearson Corporation provided the following information:Additional information is as follows:a. Revenues include $ 20,000 interest on tax- free municipal bonds.b.
Differentiate between the stated and effective rates of interest on a bond sold (a) At par (b) At a discount (c) At a premium.
If a company issues a bond at a discount, will interest expense each period be more or less than the cash payment for interest? If another company issues a bond at a premium, will interest expense be
Differentiate among redeemable, retractable, and convertible bonds.
What is the nature of the discount and premium on bonds payable? Explain.
What is the difference between the stated interest rate and the effective-interest rate on a bond?
1. The __________________________ is the amount (a) payable at the maturity of the bond and (b) on which the periodic cash interest payments are computed. 2. __________________________ is another
Thompson Corporation is planning to issue $ 100,000, five-year, 6 percent bonds. Interest is payable semi-annually each June 30 and December 31. All of the bonds will be sold on July 1, 2014; they
On January 1, 2015, Bochini Corporation sold a $ 10 million, 8.25 percent bond issue. The bonds were dated January 1, 2015, had a yield of 8 percent, pay interest each December 31, and mature 10
Eagle Corporation issued $ 10,000,000, 6.5 percent bonds dated April 1, 2015. The market rate of interest was 7 percent, with interest paid each March 31. The bonds mature in three years, on March
Stein Corporation issued a $ 1,000 bond on January 1, 2014. The bond specified an interest rate of 9 percent payable at the end of each year. The bond matures at the end of 2016. It was sold at a
Shuttle Company issued $ 1,000,000, three- year, 5 percent bonds on January 1, 2013. The bond interest is paid each December 31. The bond was sold to yield 4 percent. Required:1. Complete a bond
The effects of specific events that occur over the life of a bond are reported on the statement of cash flows. Determine whether each of the following events affects the statement of cash flows. If
McDonald’s Corporation is one of the world’s most popular fast-food restaurants, offering good food at convenient locations. Effective management of its properties is a key to its success.
Grocery Corporation sold $ 500,000, 7 percent notes on January 1, 2014, at a market rate of 8 percent. The notes were dated January 1, 2014, with interest to be paid each December 31; they mature 10
Sears Canada Inc. offers Canadian consumers a diverse array of shopping options, with department and specialty stores, a comprehensive website, and a broad range of home- related services. At
An annual report for Air Canada contained the following information: The Corporation maintains several defined benefit and defined contribution plans providing pension, other post- retirement and
Charger Corporation issued a $ 250,000 bond that matures in five years. The bond has a stated interest rate of 8 percent and pays interest on February 1, May 1, August 1, and November 1. When the
On January 1, 2015, Seton Corporation sold a $ 10,000,000, 5.5 percent bond issue. The bonds were dated January 1, 2015, had a yield of 6 percent, pay interest each December 31, and mature 10 years
Northland Corporation had $ 400,000, 10- year bonds outstanding on December 31, 2014 (end of the fiscal year). Interest is payable each December 31. The bonds were issued (sold) on January 1, 2014.
Chamandy Corporation issued a $ 25,000,000, 7 percent note on July 1, 2015, at a market rate of 6 percent. The note was dated July 1, 2015, with interest to be paid each June 30. The note matures in
A recent annual report of Shaw Communications Inc. contained the following note: 10. LONG- TERM DEBT On December 7, 2010, the Company issued $ 500,000,000 senior notes at a rate of 5.50% due December
Carnival Corporation is a global cruise company and one of the largest vacation companies in the world. The notes to its financial statements for 2009 include the following:CONVERTIBLE NOTESAt
The business press reported the following information concerning a bond issued by Trans-Canada Pipelines:Required: 1. Explain the meaning of the reported information. If you bought Trans- Canada
A Walt Disney annual report contained the following note:The Company issued 100 billion (approximately $ 920 million) of Japanese yen bonds through a public offering in Japan. The bonds are senior,
On October 1, 2014, Rocco Inc. purchased new equipment for $ 50,000 and was considering three different options for payment of this amount:1. Pay the full amount on September 30, 2018, along with
On January 1, 2014, Kaizen Corporation issued a $ 500 million note that matures in 10 years. The note has a stated interest rate of 6 percent. When the note was issued, the market rate was 6 percent.
Rogers Communications Inc. is a diversified Canadian communications and media company engaged in wireless, cable, and media communications. On March 15, 2013, Rogers sold notes with the following
On March 1, 2014, Catalin Corporation issued $ 40 million in bonds that mature in 10 years. The bonds have a stated interest rate of 5.8 percent and pay interest on March 1 and September 1. When the
Nordic Company issued bonds with the following provisions: Maturity value: $ 60,000,000 Interest: 7.9 percent per annum payable semi- annually each June 30 and December 31 Terms: Bonds dated January
Berj Corporation issued bonds and received cash in full for the issue price. The bonds were dated and issued on January 1, 2013. The coupon rate was payable at the end of each year. The bonds mature
CM Entertainment Inc. owns and operates movie theatres. The company sold 6.5 percent bonds for $ 105,000,000 and used the cash proceeds to retire bonds with a face value of $ 100,000,000 with a
On June 1, 2014, you bought a new sports car for $ 60,000. You made a $ 10,000 cash down payment and signed a $ 50,000 note, payable in four equal installments on each June 1, with the first payment
Lassonde Industries Inc. develops, manufactures and markets a wide range of fruit and vegetable juices and drinks as well as specialty food products, such as fondue broths and sauces, soups, sauces
Sikes Corporation, whose fiscal year ends on December 31, issued the following bonds:Date of bonds: January 1, 2015Maturity amount and date: $ 10 million due in 10 years (December 31, 2024)Interest:
Quartz Corporation sold a $ 50 million, 7 percent bond issue on January 1, 2015. The bonds pay interest each December 31 and mature 10 years from January 1, 2015. For comparative study and analysis,
Shaw Communications Inc. is a diversified Canadian communications company that provides cable television, Internet, digital phone, telecommunications, and satellite direct-to-home services to more
On March 1, 2015, Carter Corporation issued $ 15,000,000 in bonds that mature in 10 years. The bonds have a coupon rate of 6.3 percent and pay interest on March 1 and September 1. When the bonds were
Jaymar Company issued bonds with the following provisions: Maturity value: $ 100,000,000 Interest: 8.1 percent per annum payable semi-annually each June 30 and December 31 Terms: Bonds dated
Thomson Reuters Corporation is the world’s leading source of electronic information and services to businesses and professionals in various fields, such as media, financial services, tax and
On January 1, 2014, Ontario Company sold a new machine to Canada Company for $ 70,000. Canada Company made a cash down payment of $ 20,000 and signed a $ 50,000, 8 percent note for the balance due.
On January 1, 2013, Ontec Corporation sold and issued $ 100 million, five- year, 10 percent bonds. The bond interest is payable annually each December 31. Assume three separate and independent
Canadian Products Corporation manufactures office equipment and supplies. The company authorized a bond issue on January 1, 2013, with the following terms: Maturity (par) value: $ 120,000,000
Refer to the financial statements of Canadian Tire Corporation given in Appendix A of this book. Required: 1. How much did the company report for finance costs, and how much cash was paid for
Go to Connect for the financial statements of RONA Inc. Required: 1. How much cash was paid for interest during the year ended December 30, 2012? 2. Review the company’s note on long- term debt.
Refer to the financial statements of Canadian Tire Corporation (Appendix A) and RONA Inc. (on Connect). Required: 1. Examine the statements of cash flows for both companies. What are the primary
Cricket Corporation€™s financial statements for 2014 showed the following:Notice that the company had a debt of only $ 20,000 compared with share capital of $ 200,000. A consultant recommended
You are working for a large mutual fund company as a financial analyst. You have been asked to review two competitive companies in the same industry. Both have similar cash flows and net earnings,
Many retired people invest a significant portion of their money in bonds of corporations because of the relatively low level of risk. During the 1980s, significant inflation caused some interest
Assume that you are a portfolio manager for a large insurance company. The majority of the money you manage is from retired schoolteachers who depend on the income you earn on their investments. You
Which of the following is matter and not matter? 1. The moon 2. An idea for a new invention
Identify each process as a physical change or a chemical change. 1. A fire is raging in a fireplace. 2. Water is warmed to make a cup of coffee.
Are the following combinations homogeneous mixtures or heterogeneous mixtures? 1. The human body 2. An amalgam, a combination of some other metals dissolved in a small amount of mercury
Which is part of science, and which is not?1. Dynamics, the study of systems that change over time2. Aesthetics, the concept of beauty
Identify each as either matter or not matter. a. A book b. Hate c. Light d. A car e. A fried egg
Identify each as a heterogeneous mixture or a homogeneous mixture. a. Air b. Dirt c. A television set
Distinguish between a metal and a nonmetal.
Does each statement represent a physical property or a chemical property? a. Sulfur is yellow. b. Steel wool burns when ignited by a flame. c. A gallon of milk weighs over eight pounds.
Does each statement represent a physical property or a chemical property? a. A pile of leaves slowly rots in the backyard. b. In the presence of oxygen, hydrogen can interact to make water. c. Gold
Does each statement represent a physical change or a chemical change? a. Water boils and becomes steam. b. Food is converted into usable form by the digestive system. c. The alcohol in many
Does each statement represent a physical change or a chemical change? a. Graphite, a form of elemental carbon, can be turned into diamond, another form of carbon, at very high temperatures and
Distinguish between an element and a compound. About how many of each are known?
Identify each as a heterogeneous mixture or a homogeneous mixture. a. Salt is mixed with pepper. b. Sugar is dissolved in water. c. Pasta is cooked in boiling water.
Which of these statements are qualitative descriptions? a. A regular movie ticket in Cleveland costs $6.00. b. The weather in the Democratic Republic of the Congo is the wettest in all of Africa. c.
Which of these statements are qualitative descriptions? a. The Titanic was the largest passenger ship build at that time. b. The population of the United States is about 306,000,000 people. c. The
Express these numbers in scientific notation. 1. 23,070 2. 0.0009706
How many milliliters are in 607.8 kL?
What is the volume of a block in cubic meters whose dimensions are 2.1 cm × 34.0 cm × 118 cm?
1. Convert 0°F to degrees Celsius.2. Convert 212°C to degrees Fahrenheit.
What is 98.6°F on the Kelvin scale?
What is the mass of 25.0 cm3 of iron?
What is the volume of 3.78 g of gold?
1. Express the volume of an Olympic-sized swimming pool, 2,500,000 L, in more appropriate units. 2. A common garden snail moves about 6.1 m in 30 min. What is its velocity in meters per minute
What would be the reported width of this rectangle?
Give the number of significant figures in each measurement.1. 0.000601 m2. 65.080 kg
Express the answer for 3.445 + 90.83 − 72.4 to the proper number of significant figures.
Express the final answer to the proper number of significant figures. 1. 22.4 × 8.314 =? 2. 1.381 ( 6.02 =?
1. Convert 67.08 μL to liters.2. Convert 56.8 m to kilometers.
How many cubic millimeters are present in 0.0923 m3?
Convert 0.203 m/min to meters/second.
Express these numbers in scientific notation. a. 56.9 b. 563,100 c. 0.0804 d. 0.00000667
These numbers are not written in proper scientific notation. Rewrite them so that they are in proper scientific notation. a. 72.44 × 103 b. 9,943 × 10-5 c. 588,399 × 102
These numbers are not written in proper scientific notation. Rewrite them so that they are in proper scientific notation. a. 345.1 × 102 b. 0.234 × 10-3 c. 1,800 × 10-2
Write these numbers in scientific notation by counting the number of places the decimal point is moved.a. 123,456.78b. 98,490c. 0.000000445
Write these numbers in scientific notation by counting the number of places the decimal point is moved.a. 0.000552b. 1,987c. 0.00000000887
Use your calculator to evaluate these expressions. Express the final answer in proper scientific notation. a. 456 × (7.4 × 108) =? b. (3.02 × 105) ( (9.04 × 1015) =? c. 0.0044 × 0.000833 = ?
Use your calculator to evaluate these expressions. Express the final answer in proper scientific notation. a. 98,000 × 23,000 =? b. 98,000 ( 23,000 =? c. (4.6 × 10-5) × (2.09 × 103) =?
Use your calculator to evaluate these expressions. Express the final answer in proper scientific notation. a. 45 × 132 ( 882 =? b. [(6.37 × 104) × (8.44 × 10-4)] ( (3.2209 × 1015) =?
Use your calculator to evaluate these expressions. Express the final answer in proper scientific notation. a. (9.09 × 108) ( [(6.33 × 109) × (4.066 × 10-7)] =? b. 9,345 × 34.866 ( 0.00665 = ?
These numbers are not written in proper scientific notation. Rewrite them so that they are in proper scientific notation. a. 8,099 × 10-8 b. 34.5 × 100 c. 0.000332 × 104
Express these numbers in scientific notation. a. −890,000 b. 602,000,000,000 c. 0.0000004099 d. 0.000000000000011
Express these numbers in scientific notation. a. 0.00656 b. 65,600 c. 4,567,000 d. 0.000005507
Express these numbers in scientific notation. a. 65 b. −321.09 c. 0.000077099 d. 0.000000000218
Express these numbers in standard notation. a. 1.381 × 105 b. 5.22 × 10−7 c. 9.998 × 104
Express these numbers in standard notation. a. 7.11 × 10-2 b. 9.18 × 102 c. 3.09 × 10-10
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