Acct 551 Week 6 Hw Essay

692 words - 3 pages

Chapter 16 Week 6 Homework

E16-1

1. Cash ($10,000,000 X .99) 9,900,000
Discount on Bonds Payable 100,000
Bonds Payable 10,000,000

Unamortized Bond Issue Costs 70,000
Cash 70,000

2. Cash ($10,000,000 X .98) 9,800,000
Discount on Bonds Payable 600,000
Bonds Payable 10,000,000
Paid-in Capital – Stock Warrants (100,000 X $4) 400,000

3. Debt Conversion Expense 75,000
Bonds Payable 10,000,000
Discount on Bonds Payable 55,000
Common Stock 1,000,000
Paid-in Capital in Excess of Par 8,945,000
[($10,000,000 - $55,000) - $1,000,000]
Cash 75,000
...view middle of the document...

40)] 108,000
Adjusted net oncome $348,000

$3,000,000 / $1,000 = 3,000 bonds X 15 = 45,000 shares

Diluted EPS: $348,000 / (100,000 + 45,000) = $2.40

(b) Shares outstanding 100,000
Add: Shares assumed to be issued...

Other Papers Like Acct 551 Week 6 Hw

Family of Diversity Cultral Essay

3871 words - 16 pages is pretty Americanized, with only small parts of their culture coming up in daily life. Family of Diversity Cultural Assessment Family Description The family discussed in this paper is a multigenerational family. Included in the household is the father (AW), age 37, mother (HW), age 32, paternal grandmother, (JW), age 69, and two children (EW, RW), whose ages are 6 and 4 respectively. Both AW and HW are the biological parents to the

Listening and Speaking Ìe Essay

671 words - 3 pages ) NorthStar 2 – Reading and Writing (3rd edition) Additional Material: Building Skills for the TOEFL® iBT : Beginning (Compass Tests) (Book and CDs) 6. Course objectives: Students who have successfully completed the course are expected to have English proficiency equivalent to iBT TOEFL 35. 7. Course outline: Week Day 1 Day 2 Day 3 1 Unit 1: Offbeat Jobs 1) Focus on the Topic (pp 1-3) 2) Focus on Listening

Nutrition

765 words - 4 pages FOOD | AMOUNT | PLACE | TIME | EMOTION | ACTIVITY | Goldfish | 30 pieces | desk | 8:30 am | Hungry | At computer | Snickers | 5 pieces | desk | 3:00pm | Sleepy | Taking notes | Grilled chicken salad | | | 12:00 pm | Energetic | Conversing | Rice | | | 6:00 pm | Worried | Looking at TV | Sweet peas | | | 6:00 pm | Worried | Looking at TV | Candy yams | | | 6:00 pm | Worried | Looking at TV | Bbq chicken | | | 6:00 pm

Acct 505 Solutions To Weekly Problems

681 words - 3 pages ACCT 505 Solutions to Weekly Problems - Week 1 Exercise 2-4 (20 minutes) 1. | | Occupancy-Days | Electrical Costs | | High activity level (August) | 3,608 | $8,111 | | Low activity level (October) |   186 |  1,712 | | Change | 3,422 | $6,399 | Variable cost = Change in cost ÷ Change in activity = $6,399 ÷ 3,422 occupancy-days = $1.87 per occupancy-day | Total cost (August) | $8,111 | | Variable

Sales Plan for Trucking Co. in Chile

3320 words - 14 pages that is coming up very strongly, by means of fax, mail or telemarketing. We will assume that sales and Marketing is also a factor in where Our company is week. Integration of Services.- The capacity to integrate valuable additional services in a single package is something that has been detected to be one of the most important factors in the differentiation of a transport company. Providing a solution to the problem of receiving a big

Better Boston Beans

869 words - 4 pages Case Study 2-4 Better Boston Beans Lisa Clanin The Ethics Environment ACCT 530 Week 3 Date: September 21, 2013 Better Boston Beans Dilemma With this particular case study I will discuss several questions and facts regarding Better Boston Beans. 1) A brief summary of the case. 2) Briefly explain the Six Pillars of Character. 3) Evaluate the actions of the parties from the perspective of six pillars of character. 4) evaluate the

Accouting212

780 words - 4 pages DeVry ACCT 212 Week 8 FINAL EXAM 1.     (TCO 3) At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (15 points) and (2) provide an example of the closing of an expense account, Salary Expense in the form of a journal entry.         2.     (TCO 2) As required to complete Course Project 1, one must follow the cycle that includes 10 steps to complete the accounting cycle. (1

Accounting Quiz Week 7

944 words - 4 pages Acct Quiz week 7 1. Which of the following might cause a materials variance? Failing to take purchase discounts. Using a better grade of raw material. Changes in the market supply for the raw materials. All of the above. 2. What is the term that describes the rate companies frequently use to apply fixed overhead costs to units produced? Predetermined overhead rate. 3. Activity-based costing is commonly used with standard

Auditing Week 2 Hw

903 words - 4 pages Shelley Stiles Week 2-HW P4-18 a. (1) The auditor must be without bias with respect to the client under audit. b. (3) involves the objective examination of and reporting on management- prepared statements. c. (1) maintain public confidence in the profession 4-19 a. (1) Contingent on approval of a bank loan b. (3) c. (3) 4-20 a. Violation of AICPA and SEC based on rules of independence, if pre-approved it is okay. b. Based on

Ieor 130 Hw#1

1350 words - 6 pages David Chiu IEOR 130 HW#1 Assignment 5 September 2014 1.) a.) Wafer Fab: A fabrication plant that carries out wafer fabrication process and wafer probe. b.) Die Sort: First special electrical structures are tested to verify the proper electrical characteristics on a wafer. Afterwards each of the individual chips on each wafer is tested with a fully functional test to sort the good and failed chips on a wafer. c.) Die Bank: An

Hw Week 3 Assessment Knowledge Page 25 and 61-62

1420 words - 6 pages Tristian Pierre HW Week 3 Assessment Knowledge PAGE 25 and 61-62 Questions and Answers 1. The general public in the United States will be able to purchase all of the Windows 7 editions in retail stores except _____a______, ______b______, and ______c______?      a. Windows 7 Starter – OEM only      b. Windows 7 Home Basic – Emerging markets only      c. Windows 7 Enterprise – Volume only 2. The core module that provides all of

Related Essays

Acct 551 Week 5 Essay

638 words - 3 pages Week 5 Acct 551 15-13 (Stock Split and Stock Dividend) A Land 1,500,000 25,000*60 Treasury Stock 1,200,000 25,000*48 Paid in Capital Treasury 300,000 B The appraised value of the land is a good choice but it is based on the market. So to get more of a transaction them trading price of the stock is probably the best fit E15-15 (Dividend Entries) A Retained Earnings 117,000 60,000*39*5% Common Stock 30,000 Paid in Capital

Week 6 Hw Essay

737 words - 3 pages Week 6 HW Journal Entry Date Debit Credit A. 12/31/2015 Bond Interest Expense 156,000 Premium on Bonds Payable 4,000 ($80,000 X 1/20) Cash ($4,000,000 X 8% X 6/12) 160,000 B. 1/1/2016 Bonds Payable 400,000 Premium on

Week 6 Hw Essay

562 words - 3 pages Financial Analysis of the McDonalds Company Stock ticker symbol, exchange where traded _________ Address of company headquarters _________ Company phone number __________ Your name, etc. PART 1, COMPANY OVERVIEW: a. Brief description of the company (one paragraph, briefly summarizing the company’s business) b. Company history (origin, major developments, etc.) c. Organization (describe how the company is structured

Acct 504 Accounting And Finance Managerial Use And Analysis

1091 words - 5 pages Week 5: Long-Lived Assets and Liabilities, and Time Value of Money ACCT 504 Week 5, Case Study 2 Internal Control – LJB Company ACCT 504 Week 6, Stockholders’ Equity and Statement of Cash Flows ACCT 504 Week 6 Case Study 3 – Cash Budgeting – LBJ Company ACCT 504 Week 7, Financial Analysis: The Big Picture ACCT 504 Week 7 Course Project Financial Statement Analysis Project — A Comparative Analysis of Kohl’s Corporation and