a Multiple Choice—CPA Adapted Chapter 14 – Long Term Liabilities 1. On July 1, 2010, Spear Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2010 and mature on April 1, 2020. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $1,015,000 b. $1,000,000 c. $990,000 d. $965,000 2. On January 1, 2010, Solis Co. issued its 10% bonds in the
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Multiple Choice—CPA Adapted Chapter 14 – Long Term Liabilities 1. On July 1, 2010, Spear Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2010 and mature on April 1, 2020. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $1,015,000 b. $1,000,000 c. $990,000 d. $965,000 2. On January 1, 2010, Solis Co. issued its 10% bonds in the face
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1. Magnet Beauty leases all of its stores from the same lessor. They have determined that leasing makes more sense than buying properties. Describe the process that most companies undertake to make lease-versus-buy decisions. A company attempting to differentiate and decide between lease-versus-buy should first consider how long it plans to have the facility. This is an important point/factor when deciding between the two options because a company may opt to lease a facility, for instance, for
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Other revenues = $0.055(400a+800b) = $ 1.055(400a+800b) *0.055 = (9,241+9,184+12,685) / (190,041+189,584+212,285) ii. Fixed costs Space costs = Rent + Custodial services = 8,000 +1,240 = $9,240 Equipment costs = Computer leases + Maintenance = 95,000 +5,400= $100,400 Depreciation = 25,500+680= $26,180 Fixed wages and salaries = System development and maintenance + Administration + Sales = 12,000 +9,000+11,200 =
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Summary Paper Simulation Results University of Phoenix HCS 405 Health Care Financial Accounting Marqueita Boyd June, 28, 2015 The simulation project was a very interesting and informative project. I learned many different things about the way things are ran around a healthcare facility. There is a lot more to running a health care facility than just caring for the patients. Behind the scenes there are many other issues that come up on a regular basis that need
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Deloitte United States Services Audit & Enterprise Risk Services Consulting Financial Advisory Services Tax Deloitte Growth Enterprise Services Featured Services Industries 2014 Industry Outlook Aerospace & Defense Automotive Banking & Securities Consumer Products Federal Government Health Care Providers Health Plans Insurance Investment Management Life Sciences Media & Entertainment Oil & Gas Power & Utilities Process & Industrial Products Real Estate Retail & Distribution
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consider if it were to lease versus buying One of the very first factors that must be taken into consideration, would be in a case of leasing is regarding the reduction of out-of-pocket cost and its associated advantages. However, Caledonia must also understand that leasing will not give them complete ownership of the product until and unless lease is fully paid. Another factor that should be considered is regarding stability and consistency of cash flow needed to pay leases on a regular basis
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2015 Financial Accounting & Reporting (Updated as of July 2015) Table of Contents The N.I.N.J.A. Framework I. IFRS 8 II. Accounting Changes 19 III. Financial Reporting 20 IV. Bonds & Debt Restructure 39 V. Consolidations 48 VI. Deferred Taxes 51 VII. Derivatives, Hedging, & Translation 53 VIII. Fixed Assets 57 IX. Governmental Accounting 63 X. Personal Financial Statements, Segments, & Interim Reporting 74 XI. Partnership Accounting 77 XII. Inventory 80 XIII. Investments 86 XIV. Leases 88 XV. Current
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INTERNATIONAL ACCOUNTING FRAUD I INTRODUCTION II HISTORY OF ACCOUNTING PROFESSION AND FRAUD ENVIRONMENT A- Birth of profession B- Lack of accounting STANDARDS III EVIDENCES A- External audit B- Bankruptcy IV MOTIVATIONS OF FRAUD A- Personal initiatives B- Market expectations C- Special circumstances D- Cover-up fraud V METHODS TO REDRESS THE FRAUD A- Court case B- Provisory administration VI CONCLUSION Summary In the book Creative Accounting
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Figure 7: Debt issuance/repayments Pg. 10…………………………………………………………………………………………….Bonds Payable Pg. 10…………………………………………………………………………………………….Effective Interest Method Pg. 11…………………………………………………………………………………………….Capital Leases Pg. 11……………………………………………………………………………………………..Figure 8: Capital Leases Pg. 13……………………………………………………………………………………………..Conclusion Pg. 14…………………………………………………………………………………………….Works Cited Introduction The Coca-Cola Company is the world’s leading owner and marketer of nonalcoholic beverage
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