Business, 21.01.2021 22:00 savannahvargas512
Pharoah Company purchased $2600000 of 8%, 5-year bonds from Sheridan, Inc. on January 1, 2021, with interest payable on July 1 and January 1. The bonds sold for $2724740 at an effective interest rate of 7%. Using the effective-interest method, Pharoah Company decreased the Available-for-Sale Debt Securities account for the Sheridan, Inc. bonds on July 1, 2021 and December 31, 2021 by the amortized premiums of $9820 and $10180, respectively. At December 31, 2021, the fair value of the Sheridan, Inc. bonds was $2780000. What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity
Answers: 2
Business, 21.06.2019 21:30
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Answers: 1
Business, 21.06.2019 22:00
Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.
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Business, 22.06.2019 10:50
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Answers: 2
Business, 22.06.2019 15:30
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Answers: 1
Pharoah Company purchased $2600000 of 8%, 5-year bonds from Sheridan, Inc. on January 1, 2021, with...
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