subject
Business, 29.10.2019 03:31 getsic

On january 1, 2014, purl corp. purchased, as a long-term investment, $500,000 face value shaw, inc. 8% bonds for $456,200. the bonds were purchased to yield 10% interest. purl has the positive intent and ability to hold the bonds until maturity on january 1, 2020. the bonds pay interest annually on january 1, and purl uses the interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, 2015, balance sheet for this long-term investment?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:00
Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false
Answers: 1
question
Business, 22.06.2019 17:50
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
question
Business, 23.06.2019 02:00
When making a major purchase, i often spend months to learn all the issues?
Answers: 3
question
Business, 23.06.2019 04:00
Which of the following should be considered last when searching for financing
Answers: 2
You know the right answer?
On january 1, 2014, purl corp. purchased, as a long-term investment, $500,000 face value shaw, inc....
Questions
question
Mathematics, 09.07.2019 07:30
Questions on the website: 13722361