What is the amount of the amortization
Larson Company issued $500,000 of 8%, 5-year bonds at 106. Assuming straight-line amortization and annual interest payments, what is the amount of the amortization at each interest payment point?
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Pryor Corporation had two issues of securities outstanding; common stock and an 8% convertible bond issue in the face amount of $16,000,000. Interest payments dates of the bond issue are June 30th and December 31st.
An insurance firm writes policies covering cruise vacation. the probability that someone will file a claim on their cruise 0.0004.
Compute its operating and cash conversion cycle in each year. What was Robinson's net investment in working capital each year?
Wolford Company borrowed $750,000 from U.S. Bank on January 1, 2009 in order to expand its mining capabilities. The five-year note required annual payments of $195,327 and carried an annual interest rate of 9.5%.
The company purchases 42% of its merchandise in the month prior to the month of sale and 58% in the month of sale. Payment for merchandise is made in the month following the purchase.
Wolford Company borrowed $750,000 from U.S. Bank on January 1, 2009 in order to expand its mining capabilities. The five-year note required annual payments of $195,327.
Guess Company reports $648,500 of net income for 2011 and declares $102,500 of cash dividends on its preferred stock for 2011. At the end of 2011, the company had 260,000 weighted-average shares of common stock..
A company is considering the purchase of a new machine for $48,000. Management predicts that the machine can produce sales of $16,000 each year for the next 10 years.
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