Why Is Joan Holtz Indicated The Existence Of An Unclaimed Municipal Bond?

* Partial Revenue Recognition method would recognize the sale and extended warranty at the time of sale. And the rest of the contract revenue will be deferred and recognized when the contract period is complete. This method is acceptable for financial reporting in few situations. The calculation is based on the estimated cost of the product and extended warranty. This method allows the company to recognize most of the revenue at the time of sale, and allows some future revenue recognition.

b. What would be the value of each bond if they had annual coupon payments?

As a result, if the sale occurs before 2000, the profitability for A-D tranches will be negatively impacted by the ‘preferred’ characteristic in the Series E. However if the sale occurs after 2000, A and B tranches will be gradually redeemed on an annual basis, which will leave C and D tranches to be mostly impacted adversely by the preferred characteristic in the Series E stock.

A bond with an annual coupon of $70 and originally sold at par for $1,000. The current market interest rate (yield to maturity) is 8%. This bond will sell at _______. Assuming no change in market interest rates, the bond will present the holder with capital ________ as it matures.

* On Income Statement for December 31, 2011, the number of Revenues, Cost of Goods Sold, Expenses and Net Income will go

* b.Assume the firm’s stock now sells for $20 per share. The company wants to sell some 20-year, $1,000 par value bonds with interest paid annually. Each bond will have attached 50 warrants, each exercisable into 1 share of stock at an exercise price of $25. The firm’s straight bonds yield 12%. Assume that each warrant will have a market value of $3 when the stock sells at $20. What coupon interest rate, and dollar coupon, must the company set on the bonds with warrants if they are to clear the market? (Hint: The convertible bond should have an initial price of $1,000.)

a. What is the CD’s value at maturity (future value) if it pays 10 percent annual interest?

* He has also assumed that the sales mix will remain constant. Total revenue and total expenses behave in a linear manner over the relevant range.

For the cash account to decrease and the profit to decrease, the transaction occurring could have been a/an:

ASC subtopic 605-20 provides guidance in the accounting for revenues from service activities and arrangements which includes the ff: a. separately price extended warranty and maintenance contracts. b. commissions from restrospective insurance arrangements. c. fees for guaranteeing a loan d. services for freight-in-transit at the end of reporting period e. advertising barter transactions. This subtopic doesn’t include: a. guarantees accounted for as derivatives b. product warranties c. financial guarantee insurance contracts.

- The Bet-r-Bilt Company has a 5-year bond outstanding with a 4.30 percent coupon. Interest payments are paid semi-annually. The face amount of the bond is $1,000. This bond is currently selling for 93 percent of its face value. What is the company's pre-tax cost of debt?

Using the assumptions given in the case, all elements of income statement and balance sheet can be projected for next three years 2010, 2011 and 2012. Sales cycle of the products of the company is such that sales of a particular product increases initially for few years and then starts to decline as the new

It can also be explained why the accountant will choose lower assets, lower profits and higher liability value. It can be explained as it is better to be able to pay off all losses and earn no profit than pay an interest on profit you haven’t earned.

This accounting policy will improve the preliminary financial statements drastically. Net income will be substantially higher; rather than expensing everything right away, we are matching the expenses with revenues. This better represents the earnings of the company. Additionally, the balance sheet will be show a higher amount of assets due to the capitalization of expenses. This will increase asset-to-debt ratios and improve the attractiveness of the company to investors.

Contingent liabilities such as warranties are noted in the footnotes to the balance sheet. The small business 's equity is the difference between total assets and total liabilities.”[Small Business Administration]