MC 14.105 – Green Industries Monthly Installment Payments
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Green purchased a machine from Cyan… determine the monthly installment payments.
Green purchased a machine from Cyan… determine the monthly installment payments.
Given the purchase price, the monthly payments, and the interest rate… find the amount of interest expense.
Given that nonconvertible bonds were issued, detachable warrants, and the market price for each warrant… find the amount that shareholders’ equity increases.
Given the convertible bonds, par common stock, the bonds discount amount, and market price… find the credit to PIC-excess of par.
Given issued convertible bonds and how many shares it’s convertible into… find the increase that would be reported.
Given the stated rate, the face value, the price it sold for, the market yield, the fair value, and the general interest rates… find the comprehensive income statement will include.
Given the stated rate, the face value, and the payment schedule… find what the cash proceeds would include.
Given the bond issued and the accrued interest… find the amount received for bond insurance.
Given the bond issued and the accrued interest… find the amount received in cash.
Given a chart with the dates, cash interest, effective interest, decrease in balance, and outstanding balance… find the interest rate on the bonds.