Bonds selling at a premium or at a discount
Procter and Gamble's 4.7% bonds due in 2019 were reported as selling for 104.797. Were the bonds selling at a premium or at a discount? Why is Proctor and Gamble able to sell it's bonds at this price?
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A companys sales in 2007 were $280,000, and its sales in 2008 were $341,600. Using 2007 as the base year, what is the sales trend percent for 2008?
Sielert Corporation borrowed $600,000 from National Bank on May 31, 2011. The three-year, 7% note required annual payments of $228,630 beginning May 31, 2012. The total amount of interest to be paid over the life of the loan is ?
Dobler Company purchased factory equipment with an invoice price of $60,000. Other costs incurred were freight costs, $1,300; installation wiring and foundation, $2,200;
Prepare the current liability section of Kingery Sales Company's balance sheet, assuming $20,000 of the mortgage is payable next year.
Tofte Co. has forecast sales to be $400,000 in May, $475,000 in June, $575,000 in July and $700,000 in August. Forty percent of sales are cash, the remainders are on account. Credit sales are collected 60% in the month of sale, the remaining the f
The consolidation process applicable when intra-entity land transfers have occurred differs somewhat from that used for intra-entity inventory sales. What differences should be noted?
Diagnose the problem that affects operation of BUs in NCA. Support with your analysis. What do you think is the best possible solution? Why? What are the potential pitfalls of your proposed solution?
Compare and contrast the relative advantages and disadvantages of sequential, block, group, alphabetic and mnemonic codes.
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