社大会计作业题目更新
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
第七章 长期资产
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
第8章
楼主:桑田岛
时间:2020-11-06 10:43:18
ACCOUNT FOR ACCOUNTS PAYABLE AND ANALYZE ACCOUNTS PAYABLE TURNOVER
Amounts owed for products or services purchased on account are accounts payable.
Amazon.com, Inc.’s Accounts Payable at December 31, 2016 was $25,309 million (line 12 on page 437). For example, the company purchases all its inventory as well as pays most of its operating expenses through accounts payable.
We have seen many accounts payable examples in preceding chapters.
Accounts Payable Turnover. An important measure of liquidity for a retail business is a ratio called accounts payable turnover, which measures the number of times a year the company is able to pay its accounts payable.
The ratio is computed as follows:
Accounts payable turnover (T/O) = Purchases from suppliers (assumed all on credit) / Average accounts payable
Turnover expressed in days = 365 / T/O (computed above)
Amounts owed for products or services purchased on account are accounts payable.
Amazon.com, Inc.’s Accounts Payable at December 31, 2016 was $25,309 million (line 12 on page 437). For example, the company purchases all its inventory as well as pays most of its operating expenses through accounts payable.
We have seen many accounts payable examples in preceding chapters.
Accounts Payable Turnover. An important measure of liquidity for a retail business is a ratio called accounts payable turnover, which measures the number of times a year the company is able to pay its accounts payable.
The ratio is computed as follows:
Accounts payable turnover (T/O) = Purchases from suppliers (assumed all on credit) / Average accounts payable
Turnover expressed in days = 365 / T/O (computed above)
楼主:桑田岛
时间:2020-11-06 10:43:18
Large companies cannot borrow billions from a single lender. So how do corporations borrow huge amounts? They issue (sell) bonds to the public to obtain the funds. Bonds payable are groups of debt securities issued to multiple lenders, called bondholders. The certificate states the principal, which is the amount the company has borrowed. The company must then pay each bondholder the principal amount at a specific future date, called the maturity date, plus interest. Interest is the fee paid by a borrower for the use of someone else's money. The bond certificate states the interest rate that the issuer will pay the holder and the dates that the interest payments are due (generally twice a year).
A bond can be issued (sold) at a price that is equal to the par value of the bond, below the par value of the bond, or above the par value of the bond. Whether a bond sells at par, below par, or above par depends on the relationship between the stated interest rate on the bond and the current market rate of interest at the time the bond is sold. Bonds sold at a price equal to par value are said to be sold at par. Bonds sold at a price below par are said to be sold at a discount; and, bonds sold at a price above par are said to be sold at a premium.
A bond can be issued (sold) at a price that is equal to the par value of the bond, below the par value of the bond, or above the par value of the bond. Whether a bond sells at par, below par, or above par depends on the relationship between the stated interest rate on the bond and the current market rate of interest at the time the bond is sold. Bonds sold at a price equal to par value are said to be sold at par. Bonds sold at a price below par are said to be sold at a discount; and, bonds sold at a price above par are said to be sold at a premium.
楼主:桑田岛
时间:2020-11-06 10:43:18
The present value of a bondlong dashits market pricelong dashis the present value of the future principal amount at maturity plus the present value of the future stated interest payments. The principal is a single amount to be received by the investor and paid by the debtor at maturity. The interest is an annuity because it occurs periodically. Let's begin by computing the amount of interest the investor will receive semiannually. Since the bonds pay interest twice per year, these bonds pay 2.5% semiannually.
Face value
x
Semiannual interest rate (stated)
=
Interest payment
$530,000
x
2.5%
=
$13,250
At issuance, the market interest rate is 9% annually, but it is computed at 4.5% semiannually (again, because the bonds pay interest twice a year). Therefore, the effective (market) interest rate for each of the 20 periods (10 years x 2) is 4.5%.
Now, open an Excel Superscript ® spreadsheet to a blank cell. Click the insert function button (f Subscript x). Then select the "Financial" category from the drop down box. Scroll down the function list and select "PV". Double-click PV. In the box that appears, enter the interest rate as a decimal (Rate = 0.045), the number of periods (Nper = 20), the semiannual interest payment as a negative number (Pmt = -13250), and the future (face) value of the bonds as a negative number (-530000). The present value of the annuity will appear at the bottom of the box after the "=" sign as shown below.
negative 13250
392115.87361
$ 392 comma 115.87
negative 530000
Face value
x
Semiannual interest rate (stated)
=
Interest payment
$530,000
x
2.5%
=
$13,250
At issuance, the market interest rate is 9% annually, but it is computed at 4.5% semiannually (again, because the bonds pay interest twice a year). Therefore, the effective (market) interest rate for each of the 20 periods (10 years x 2) is 4.5%.
Now, open an Excel Superscript ® spreadsheet to a blank cell. Click the insert function button (f Subscript x). Then select the "Financial" category from the drop down box. Scroll down the function list and select "PV". Double-click PV. In the box that appears, enter the interest rate as a decimal (Rate = 0.045), the number of periods (Nper = 20), the semiannual interest payment as a negative number (Pmt = -13250), and the future (face) value of the bonds as a negative number (-530000). The present value of the annuity will appear at the bottom of the box after the "=" sign as shown below.
negative 13250
392115.87361
$ 392 comma 115.87
negative 530000
楼主:桑田岛
时间:2020-11-06 10:43:18
2. Prepare an effective-interest amortization table for the bond through the first three interest payments. Round amounts to the nearest dollar.
The effective-interest amortization method keeps each interest expense amount at the same percentage of the bonds' carrying value or book value for every interest payment over the bonds' life. GAAP specifies that the effective-interest method should be used, because it does a better job of matching. The amortization of the discount each period is the difference between the interest expense and the interest payment.
The effective-interest amortization method keeps each interest expense amount at the same percentage of the bonds' carrying value or book value for every interest payment over the bonds' life. GAAP specifies that the effective-interest method should be used, because it does a better job of matching. The amortization of the discount each period is the difference between the interest expense and the interest payment.
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
第九章
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
时间:2020-11-06 10:43:18
楼主:桑田岛
字数:149901字
帖子分类:我的大学
发表时间:2020-02-06 21:12:56
更新时间:2020-11-06 10:43:18
评论数:321条评论
帖子来源:天涯 访问原帖
下载地址:TXT下载
推荐帖子
- 【口味适中】女a 瘫痪 失禁 还有的看后面发展吧
- 美国的故事,草根泥腿子的自由之路(高大上修正版,全景再生文明史)
- 人,世界,灵魂,动物
- 毛熊一家:从软件角度818兔子的后发优势(1)
- 22-02-01 【原创】《延产的老师》
- 【男主角受伤吧】《从心脏病放弃治疗开始》
- 【推文 备忘录 】耽美虐文he 先虐后宠 渣攻变忠犬 类型文
- 【推文 备忘录 】耽美虐文he 先虐后宠 渣攻变忠犬 类型文
- 解码金庸书里隐藏在女主背后的那些事-从笑傲江湖说起
- 《一年生》1+2+番外,《逐月之月》,《为爱所困》完整版加番
热门帖子
- 寻找男人的世界一:落日余晖—追忆红色帝国的暴力美学
- [经验交流]创业实战初级班教程
- 职业如何规划?大城市,小城市,如何抉择?我来说说我的个人经历和思考
- 〖天涯头条〗严肃的问题:人类怎样才能不被动物吃掉?
- [扒你一褂]震精了!!!谢霆锋出墙在即!!!
- 34天环游美国:一辆绿龟大巴,六大洲十几国的三十多位伙伴,万余英里行程
- 〖天涯头条〗祖上三代皆经商,闲谈未来二十年中国的商机
- 不知道事实就不要信口雌黄!作为赵薇曾经的同事 我有话要说
- 遇到了暗恋很多年的高中同学,是缘分吗?
- 西北乡村奇人录---真人真事,呕心寻访整理