Question
Three year bonds are issued at face value of $600000 on Jan. 1, 2012, with a stated interest rate of 6,5%. Interest paid annually on
Three year bonds are issued at face value of $600000 on Jan. 1, 2012, with a stated interest rate of 6,5%. Interest paid annually on Dec. 31. Calculate the issue price of the bonds, when market interest rate of 6,5%. market interest rate of 8,5%. market interest rate of 5,5%. Prepare the Journal entries for 2012, 2013 2014 for all the cases
On January 1, 2015, Bank had 390000 shares of common stock outstanding. During 2015, it had the following transactions that affected the common stock account. February 1 Issued 270000 shares March 1 Issued a 20,0% stock dividend May 1 Acquired 94000 share of Treasury Stock July 1 Issued 4-for-1 stock split October 1 Reissued 30000 shares of Treasury Stock Determine the weighted-average number of shares outstanding as of December 31, 2015.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started