Question
Bonds Payable Question1 On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%.
Bonds Payable
Question1
On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%. Interest is payable semiannual on June 30 and December 31. The principal is due equally every June 30. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
What is the total interest in 2022 if your financial statements end every December 31?
Answer:
Question2
On January 1, 2021, Energy Company issued a 4- year, 12%, 1,000 units of P 1,000 term bonds when the market rate is 10%. Interest is payable semiannual on June 30 and December 31. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
How much is the issued price?
Answer:
Question3
On January 1, 2021, Energy Company issued a 4- year, 12%, 1,000 units of P 1,000 term bonds when the market rate is 10%. Interest is payable semiannual on June 30 and December 31. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
If your financial statements end every October 1, How much is the total interest in 2023?
Answer:
Question4
On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%. Interest is payable semiannual on June 30 and December 31. The principal is due equally every June 30. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
How much is the balance of the bonds if you will present them in your financial statements ending October 1, 2022?
Answer:
Question5
On January 1, 2021, Energy Company issued a 4- year, 12%, 1,000 units of P 1,000 term bonds when the market rate is 10%. Interest is payable semiannual on June 30 and December 31. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
What is the total interest in 2022 if your financial statements end every December 31?
Answer:
Question6
On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%. Interest is payable semiannual on June 30 and December 31. The principal is due equally every June 30. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
To be equitable, how much will you pay on the bonds, if you will redeem any balance on March 1, 2022?
Answer:
Question7
On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%. Interest is payable semiannual on June 30 and December 31. The principal is due equally every June 30. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
If your financial statements end every October 1, How much is the total interest in 2022?
Answer:
Question8
On January 1, 2021, Energy Company issued a 4- year, 12%, 1,000 units of P 1,000 term bonds when the market rate is 10%. Interest is payable semiannual on June 30 and December 31. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
How much is the balance of the bonds if you will present them in your financial statements ending October 1, 2023?
Answer:
Question9
On January 1, 2021, Energy Company issued a10 %, 900 units of P 1,000 term bonds when the market rate is 12%. Interest is payable semiannual on June 30 and December 31. The principal is due equally every June 30. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
How much is the issued price?
Answer:
Question10
On January 1, 2021, Energy Company issued a 4- year, 12%, 1,000 units of P 1,000 term bonds when the market rate is 10%. Interest is payable semiannual on June 30 and December 31. DON'T round off your present value factors BUT round of your peso answers to the nearest peso.
To be equitable, how much will you pay on the bonds, if you will redeem them on March 1, 2023?
Answer:
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Statistics For Managers Using Microsoft Excel
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
7th Edition
978-0133061819, 133061817, 978-0133130805
