Herbst Co. issued $800,000,000 of five-year, 13% bonds with interest payable semiannually, at a market (effective) interest
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
Present value of 1 for 10 semiannual periods at 55 s...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
Mason Co. issued $430,000 of four-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 10%. Determine the present value of the bonds payable, using the present...
-
Interest rates determine the present value of future amounts. Requirements 1. Determine the present value of seven-year bonds payable with maturity value of $91,000 and stated interest rate of 14%,...
-
Interest rates determine the present value of future amounts. Requirements 1. Determine the present value of seven-year bonds payable with maturity value of $83,000 and stated interest rate of 12%,...
-
Marc & Kent operate a vineyard as partners. The partnership trades under the business name Victor Estate. Victor Estate has prepared a general ledger for the 2023 income year showing the following...
-
On December 31, 2017, Big River Company had $1 million of current assets and $900,000 of current liabilities. On the same day, Small Fry Company had $200,000 of current assets and $100,000 of current...
-
Peterson Foods manufactures pumpkin scones. For January 2015, it budgeted to purchase and use 16,000 kilograms of pumpkin at $1.11 per kilogram; budgeted output was 60,000 scones. Actual purchases...
-
Which field line patterns in Figure P27.8 can represent a magnetic field? Data from Figure P27.8 (a) (b) (c) (d)
-
The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year. The overhead that...
-
(a) X Ltd. is studying the possible acquisition of Y Ltd. by way of merger. The following data are available in respect of both the companies. Particulars Market Capitalization (Rs.) Gross Profit...
-
Jerry Stevenson is the manager of a travel agency. He wants to build a model that can predict whether or not a customer will travel within the next year. He has compiled a data set that contains the...
-
Baliga Co. produces and sells high-quality audio equipment. To finance its operations, Baliga Co. issued $18,000,000 of five-year, 8% bonds with interest payable semiannually at a market (effective)...
-
On the first day of its fiscal year, Ramsey Company issued $35,000,000 of 10-year, 9% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (effective)...
-
An engineer is working on the layout of a new research and experimentation facility. Two plant operators will be required. If, however, an. Additional $100,000 of instrumentation and remote controls...
-
Karim is a recent university graduate, who works for Company A as a Junior Accountant. Karim reports to Helena, his line manager, and Helena reports directly to the company's CEO, Jad. Karim is...
-
Why do covered entities violate the HIPAA Right of Access standard - 45 C.F.R. 164.524(a)?
-
Regarding intentionalmisrepresentation, the defendant must know that his representation isfalse, that plaintiff must have justifiably relied on the misrepresentation, and that the misrepresentation...
-
3. The distance between charge qi=5 nC and charge q2=-10 nC ir 1 mm. Define the location of the point where potential of the total field created by charges is 0. What is the intensity of electric...
-
Dave, who is one of your direct reports, comes to you and says that he and Scott are having a special commitment ceremony to celebrate the beginning of their lives together. He has invited you to the...
-
Which is an example of a cash flow from a financing activity? (a) Receipt of cash from sale of land. (b) Issuance of debt for cash. (c) Purchase of equipment for cash. (d) None of the above.
-
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
-
Think about a restaurant, store, office or factory where you have worked. What safety and health hazards existed in that workplace? What measures were used to address those hazards? Was safety given...
-
Geyser Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 3 of the current year, Geyser Inc. reacquired 7,500 shares of its common stock at $120 per...
-
Aspen Inc. manages resort properties. On August 1 of the current year, Aspen Inc. reacquired 12,000 shares of its common stock at $36 per share. On September 23, Aspen Inc. sold 7,500 of the...
-
Golden Hearth Corporation wholesales ovens and ranges to restaurants throughout the Midwest. Golden Hearth Corporation, which had 25,000 shares of common stock outstanding, declared a 5-for-1 stock...
-
Your GST bill has arrived. You need to pay GST on $153,890. How much do you need to pay in GST? Explain.
-
Given the fact that the telecom industry is extremely competitive, is it likely that Empire will find willing benchmarking partners among it's competitors?
-
Moxie Inc., a company that produces typewriter replicas, has fixed costs of $20,000 and variable costs of $18 per unit of output. Their expected unit sales is 10,000 units. What is the unit cost of...
Study smarter with the SolutionInn App