Entries by mary WAMBUGU

On January 2, 2018, All Good Company purchased 13,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence. The investment is intended as a long-term investment.

August 24, 2019 in /by

On January 2, 2018, All Good Company purchased 13,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence.  The investment is intended as a long-term investment.  The stock was purchased for $18 per share, and represents a 10% ownership stake. Big Bad Company made $425,000 of net income in 2018, and paid dividends to […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

On January 1, 2018, Baltimore Company issued $250,000 face value, 7%, 5-year bonds at 102. Interest is paid annually on January 1. Baltimore uses the straight-line method for amortization.

August 24, 2019 in /by

On January 1, 2018, Baltimore Company issued $250,000 face value, 7%, 5-year bonds at 102.  Interest is paid annually on January 1. Baltimore uses the straight-line method for amortization. Determine the dollar value of the interest expense for the 2018 fiscal year.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Company purchased a $3,000, 5%, 6-year bond at 97 and held it to maturity. The straight line method of amortization is used for both premiums & discounts.

August 24, 2019 in /by

Company purchased a $3,000, 5%, 6-year bond at 97 and held it to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment?  (all money received minus all money paid, round to nearest whole dollar)   Looking for a […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Company purchased Small Company for $1,500,000. Small Company had assets with a fair value $950,000, and liabilities with a fair value of $120,000.

August 24, 2019 in /by

Company purchased Small Company for $1,500,000. Small Company had assets with a fair value $950,000, and liabilities with a fair value of $120,000. Use this information to determine the dollar value of goodwill? (round to nearest whole dollar)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"