Problem 1. Villarente Company issued 5-year $200‚000 face value bonds at 95 on January 1‚ 2012. The stated interest rate on these bonds is 9%‚ and the effective interest rate is 10.33%. Use the effective interest rate method to complete the amortization schedule below. Cash Payment Interest Expense Discount Amortization Carrying Value January 1‚ 2012 December 31‚ 2012 18‚000 19‚627 1627 191‚627 December 31‚ 2013 18‚000 19‚795.07 1796.07 193‚422.07 December 31‚ 2014 18‚000 19
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financial markets‚ the most common forms of marketable securities are stocks and bonds. Though they have some similarities to each other‚ they differ greatly in many aspects. Broadly speaking‚ both financial instruments enable one to invest in corporations‚ public and/or private‚ with possible profitable returns in the future. Stocks (or shares)‚ by definition‚ are shares of ownership in a company. By purchasing stocks in a company‚ the investor becomes a part owner‚ and thereby owns a percentage share of
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4/29/2014 Discussion Discussion Why do companies issue shares? In order to raise capital‚ generally to expand the business Suggestion • Raising capital • Expanding the business 4/29/2014 1 Why do people buy the shares? Shares give their holders part of the ownership of a company. (Shareholders have a part of the ownership.) Shareholders receive a proportion of a company’s profits as dividend‚ and may be able to make a capital gain by selling their shares at a higher
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Brent December 5‚ 2013 English My Next Ten Years There are many things that I would like to be doing in the next ten years of my life. I would love to be working my dream job as an Oklahoma City police officer‚ Have my own house in my hometown‚ and start a family. These ambitions I have for my future are very strong‚ and I will have to work hard to achieve all of my life goals. My dream job is to be an Oklahoma City police officer
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Elizabeth Holmes: Theranos Being a self-made billionaire is already an amazing title‚ but if you really want to wow people‚ picture having a title like “the youngest self-made female billionaire.” Elizabeth Holmes earned this title at thirty years old when she invented a way to execute “laboratory tests inexpensively” with her company Theranos. In 2014 she was even included in the “Forbes magazine’s list of the richest people in the United States‚” a huge accomplishment for a woman to achieve (Wilson
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Assignment 1: 1. Summarise the main development of a child from the age range 0-2 years‚ 3-5 years and 5-8 years Development is the process of learning new skills and abilities. During this process of development‚ it is important to realise that children are individuals‚ so although they will all go through the same stages of development‚ they will not necessarily do so at the same time. The following developmental stages listed below show a guideline to what can be expected from each child
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COMPREHENSIVE EXAMINATION A PART 1 (Chapters 1-6) Problem A-I — Multiple Choice. Choose the best answer for each of the following questions and enter the identifying letter in the space provided. 1. How does failure to record accrued revenue distort the financial reports? a. It understates revenue‚ net income‚ and current assets. b. It understates net income‚ stockholders’ equity‚ and current liabilities. c. It overstates revenue‚ stockholders’ equity‚ and current liabilities.
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Incorporate is a leading manufacturer of personal computers and notebook computers. The company is into research‚ design‚ development‚ manufacture and distribution of IT products worldwide. The company markets Acer brand products‚ including mobile and desktop personal computers‚ servers and storage‚ LCD monitors‚ projectors‚ high-definition TVs‚ peripherals and e-business solutions throughout the world. The company principally offers its products under four key brands which are Acer‚ Gateway‚ Packard
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The passage under consideration is from the novel One Hundred Years of Solitude by Gabriel García Márquez pages 1 - 5 beginning with “Many years later...” and concluding with “...the laboratory of an alchemist”. Gabriel García Márquez was born in 1927 in Colombia‚ Spain the shared setting of this world famous novel (The Modern World). The extract begins as a flashback with Colonel Aureliano Buendía recollecting the years immediately following the founding of Macondo. José Arcadio Buendía‚ the founder
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My dear child‚ why don’t you come to Jesus? Jesus is waiting for you. He wants you. Why don’t you come? Sister Reed‚ what is this child’s name?" "Langston‚" my aunt sobbed. "Langston‚ why don’t you come? Why don’t you come and be saved? Oh‚ Lamb of God! Why don’t you come?" Now it was really getting late. I began to be ashamed of myself‚ holding everything
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