- Know your PV and FV of bonds - like for example if you invest $2,000 today @ an interest rate of 4% - compounded annually - how much is it worth in 5 years (2 CALC QUESTIONS LIKE THIS) 1. ABC issues a bond when the market rate is greater than the coupon rate for the bond. What is the entry to record the issuance? Chapter 11 ( 3 questions) - Know how to calculate retained earnings and ending equity balance calculations similar to exam 3. For example the question below 1. A company had 1,000,000 authorized shares, 200,000 issued shares, and 100,000 outstanding shares when it declared and paid a $1 dividend per share to shareholders. What is the impact to Retained Earnings as a result of this dividend