Question: help answering these questions whatever questions can be helped. mostly number 9! s.(2)What are long term liabilities and what does the current portion of long-term



s.(2)What are long term liabilities and what does the current portion of long-term debt represent? 6(1)What is a Bond? (2)What is the purpose of a company issuing Bonds and Why Bonds? 7. (3)Bonds can be sold AT FACE, AT DISCOUNT, AT PREMIUM Describe cach situation and explain what the effect is on the company's financing. 8. (1)In deciding among financing plans, the effect on earnings per share is often considered. What is Earnings per share (EPS)? (1)How is it calculated? 9.(7)Journalize the following business transactions: A On 1/1/12 Northwest, Inc. issued $1,500, 000 of 5yr corporate bonds at Face Amount, 12% interest rate paid semiannually on June 30 and December 31 B. On 6/30/12 the first interest payment was sent to Bond Holders. c. On 12/31/16 the bonds mature and the company pays offf the current bondholders D. On January 1, 2012 Northwest, Inc. issued $100,000, 12 % 5yr bonds when the market rate was 13%. Proceeds received were $96,406 (Interest will be paid semiannually on June 30 and December 31.) 1. (3)Companies finance their operations using different financing methods Identify each method and define (4)Most current liabilities arise from two basic transactions. Describe 2. these transactions and provide an example of each 3. (2)What are short term notes payable and how are they different from accounts payable? 4. (2)What is an interest bearing note and what is a discounted
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