Which of the following is a current liability? Select one: A long-term debt maturing currently, which is to be converted into ordinary

Q: ight-line method of amortization is used, the amount of unamortized premium on bonds payable will…

A: Amortization is the method of reducing or accounting for, an amount over a period of time. Over the…

Q: nized as a financial asset intended to collect contractual cash flows and also to sell the bonds in…

A: Interest income: Interest income is that the amount paid to an entity for lending its cash or…

Q: Which one is not suitable for serial bonds? Select one: a. Principal matures in annual installments…

A: THE PRINCIPAL MATURES IN ONE LUMP-SUM AMOUNT IS SUITABLE FOR TERM BONDS . ALL OTHER OPTIONS ARE…

Q: BM Co did not amortize the discount on its short-term bond investment. What effect would this have…

A: A bond when sold at discount, the amount of such discount has to be amortized for its remaining…

Q: What are the total return, the current yield, and the capital gains yield for the discount bond?…

A: Total return of a discount bond is the difference between Maturity value and the issue price of the…

Q: Why would a company wish to reduce its bond indebtedness before its bonds reach maturity? Indicate…

A:

Q: How shall the equity component of a bonds payable issued with share warrants be valued?     a.)issue…

A: A bond is a fixed pay instrument issued to represents to an advance made by a financial specialist…

Q: When the cash proceeds from a bond issued with detachable stock purchase warrants exceed the sum of…

A: The issue of a bond with a detachable warrant includes the issue price of the fair value of the…

Q: Which of the following would be an entry in the statement of changes in equity? Select one: a.…

A: Statement of changes in equity - It is the statement from the balance sheet. It is also called…

Q: 1, The establishment of a bond sinking fund is required at all times to settle bond liability.  A.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 1. Anton wants to have a portion of ownership of a certain company. Which of the following should he…

A: Hi student Since there are multiple questions, we will answer only first question.  There are…

Q: hen the effective cost of d

A: Cost of debts is the effective rate which is given by a company for paying on its debt.

Q: Given that a bond's carrying value is $185,000 and the fair value is $183,000, what is the journal…

A: Bonds are priced by discounting future cash flows. Future cash flows include coupons and par value…

Q: Long-term debt can be reported either (a) as a single amount, net of any discount or increased by…

A: Definition:   Long-term liabilities: The debts obligations owed by a company to creditors and…

Q: Premiums or discounts associated with available-for-sale debt securities are a. usually not…

A: Answer b. amortized to interest revenue over the life of the investment Accounting standards…

Q: Perpetual debt instruments a.    Are compound financial instruments b.    Are derivative financial…

A: Perpetual debt instruments seem to be debt funds that do not have an expiration date. The issuer…

Q: Which type of bonds offers the holder no security in event of default by the issuer?

A: A company  can raise funds through bonds

Q: Explain what a unsecured debt, subordinated debt, senior debt is?   -is there risk in buying an…

A: Debt is the obligation that requires one party, the debtor to pay money to another party, the…

Q: The fair value option allows a company to report most financial instruments at fair value at each…

A: Fair value option is one of the option available to the company to value its financial instruments…

Q: When a company retires bonds early, the gain or loss on the retirement is the difference between the…

A: Formula: Maturity value = Bond Face value +  Interest

Q: Held-to-maturity investments applies only to debt securities because​ ________.   A. the…

A: Held to maturity investment applies only to debt securities because the investor tends to hold the…

Q: Why would a company wish to reduce its bond indebtednessbefore its bonds reach maturity? Indicate…

A:

Q: Stock returns are unlimited while returns on debt investments are limited to interest payments and…

A: Investment in Equity vs Investment in debt Investment in equity provides a part of ownership in the…

Q: A corporate bond indenture will usually include the following types of restrictive covenants except:…

A: Bond covenant - it is a term of agreement between issuer of bond  and holder of bonds and such…

Q: The currently maturing portion of long-term debt should be classified as a current liability if the…

A: Answer: The currently maturing portion of long term debt should be classified as current liability…

Q: The primary instruments used for long-term financing include all of the following except: commercial…

A: Primary instruments:A financial investment where the price depends on the direct market value is…

Q: Which of the following is not a long term source of capital? a. Preferred stock b. Common stock c.…

A: Sources of capital can be long-term and short-term. Those sources which have a repayment period of…

Q: Which of the following would not be obtained on a listed debt market? Select one: a. Commercial…

A: Commercial Paper: A  corporation issues commercial paper to tide over its short-term working capital…

Q: True (t) or False (f) _____ The accounting for short-term debt investments and for long-term debt…

A: The investment is made by the business so as to earn some profits.

Q: type of liabilities: Trade and other payables  defination ?…

A: Current liabilities In accounting, current liabilities are often classified as all liabilities of…

Q: Which of the following is a current liability? Select one: O a. A long-term debt maturing currently,…

A: As per IFRS 1, A Current Liability is an Liability payable on demand.It is obligation payable with…

Q: Which of the following is true of a discount on bonds payable?   it is a contra-stockholders’…

A: Interest paid on bonds consists of two components: Interest expense and Discount on bonds payable…

Q: g the investment is appropriately recognized as a financial asset intended to collect contractual…

A: Interest income: Interest income is that the amount paid to an entity for lending its cash or…

Q: The issuance costs of new debt securities can be ignored since those costs will not be reflected in…

A: The cost of debt is the rate a company pays on its debt, such as bonds and loans.

Q: end. What should be the balance of the Fair on Bonds Payable? Show Value Adjustment your work.

A: Bonds payable is the payable of the bonds which has been issued by the company and which is the…

Q: ____ occurs when a firm calls a relatively high interest rate issue and replaces it with a lower…

A: There are different concepts in bonds

Q: Which of the following is FALSE regarding bonds? ) Long term bonds have greater interest rate risk…

A: A bond is an instrument that represents the loan that is made by the investor to the company and…

Q: describe and compare alternative ways to estimate the probability of company defaulting on its debt…

A: The predicted rise in the market value of its assets, the face value and maturity of the debt, and…

Q: The issuance costs of new debt securities can be ignored since those costs will not be reflected in…

A: New debt securities involves issuance costs related to issue of debt like brokerage costs,…

Q: A fixed-income security is defined as. A) a debt obligation that pays a fixed rate of return for a…

A: A fixed income security is security which pays fixed income whatever the condition may be

Q: Which of the following is a current liability? 1p O A long-term debt maturing currently, which is to…

A: Current liability- Liability payable within a year of incurring it. Such as: Accounts payable Nots…

Q: Which of the following should be classified as noncurrent liability? Unearned revenue Accrued…

A: >Non current liabilities are the liabilities that are to be repaid in long term, say, after 1…

Retirement Income

Retirement income is the income received by the retiring person after retirement. Income can either be paid every month or paid annually. The retiree would get a guaranteed income until their death. Retirement income payment differs from person to person based on their investment type and payment method. Some are paid on a lump-sum basis and some are paid in a regular series with fixed payment or variable cash flow. Retirement income can be created from retirement savings, investment, salary, bonus, and wages from employment. Every working individual should plan their retirement income according to their income goals for the future. The plan should be made by identifying suitable income sources, estimating future expenses, applying a savings plan, and managing risk and assets. The most common age for retirement is between 60-65 years.