Alex, Senior Accountant at Rockford Rebel, Inc., has been directed to put together a bond comparison...

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Alex, Senior Accountant at Rockford Rebel, Inc., has been directed to put together a bond comparison schedule for the CFO. Using the exhibits, enter the appropriate amount for each item in its associated cell. Indicate negative numbers using a leading minus (-) sign. Round all amounts to the nearest whole number. Value 1. Bond purchase price 191,584 2. Bond discount (premium) on 8,416 the acquisition date 3. Total annual interest received Company A 4. Total interest revenue over the term of the bond 10,000 58,416 Company B 219,677 (19,677) 16,000 76,323 Company с 144,185 55,815 2,000 69,815 Alex, Senior Accountant at Rockford Rebel, Inc., has been directed to put together a bond comparison schedule for the CFO. Using the exhibits, enter the appropriate amount for each item in its associated cell. Indicate negative numbers using a leading minus (-) sign. Round all amounts to the nearest whole number. Value 1. Bond purchase price 191,584 2. Bond discount (premium) on 8,416 the acquisition date 3. Total annual interest received Company A 4. Total interest revenue over the term of the bond 10,000 58,416 Company B 219,677 (19,677) 16,000 76,323 Company с 144,185 55,815 2,000 69,815

Answer rating: 100% (QA)

1 Bond Purchase Price Bond face amount PV of 1 Present value PV of bond face Stated rate Annua... View the full answer