The likelihood of a payment occurring is reasonably possible, and the estimated amount is $1. 2 million. (Leave no cells blank. If no entry is required, select “No journal entry required” in the account field and enter zero (0) in the amount field. Omit the “$” sign in your response. ) General Journal No journal entry required No journal entry required Debit 0 0 Credit Explanation: If the likelihood of loss is reasonably possible rather than probable, we record no entry but make full disclosure in a footnote to the financial statements to describe the contingency. 13. award: 5 out of 5. 00 points 4.
The likelihood of a payment occurring is remote, while the estimated potential amount is $1. 2 million. (Leave no cells blank. If no entry is required, select “No journal entry required” in the account field and enter zero (0) in the amount field. Omit the “$” sign in your response. ) General Journal No journal entry required No journal entry required Debit 0 0 Credit Worksheet Learning Objective: 08-05 Apply the appropriate accounting treatment for contingencies. 4. The likelihood of a payment occurring is remote, while the estimated potential amount is $1. 2 million. (Leave no cells blank.
If no entry is required, select “No journal entry required” in the account field and enter zero (0) in the amount field. Omit the “$” sign in your response. ) General Journal No journal entry required No journal entry required Debit 0 0 Credit Explanation: If the likelihood of loss is remote, disclosure is usually not required. 14. award: 5 out of 5. 00 points Ultimate Butter Popcorn issues 6%, 20-year bonds with a face amount of $50,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price will the bonds issue? (Do not round PV factors.
The Review on The Choice of Foreign Entry Modes in a Control Perspective
The Choice of Foreign Entry Modes in a Control Perspective Svend Hollensen*, Britta Boyd** and Anna Marie Dyhr Ulrich*** The aim of this article is to investigate the choice of entry modes for international markets in a control perspective. A survey from the Confederation of Danish Industry with 234 Danish Small and Medium Enterprises (SMEs) served as the data base. The entry modes are categorized ...
Round your answer to the nearest dollar amount. Omit the “$” sign in your response. ) Issue price $ 50,000 Worksheet Learning Objective: 09-03 Determine the price of a bond issue. Ultimate Butter Popcorn issues 6%, 20-year bonds with a face amount of $50,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually. 6 of 7 9/28/2012 2:34 AM Assignment Print View http://ezto. mhecloud. mcgraw-hill. com/hm. tpx? todo=printview At what price will the bonds issue? (Do not round PV factors. Round your answer to the nearest dollar amount. Omit the “$” sign in your response. Issue price $ 50,000 ± . 1% Explanation: If the market rate is 6%, the bonds will issue at $50,000 (face amount).
Calculator Input Bond Characteristics Face amount Interest payment Market interest rate Periods to maturity Key FV PMT I N Amount $50,000 $1,500 = $50,000 ? 6% ? ? year 3% = 6%/2 semi-annual periods 40 = 20 years ? 2 periods each year 1. 2. 3. 4. Calculator Output Bond Characteristics Key Issue price PV Amount $50,000 15. award: 5 out of 5. 00 points Discount Pizza retires its 6% bonds for $58,000 before their scheduled maturity. At the time, the bonds have a carrying value of $56,043.