CHAPTER 14 PRACTICE QUESTIONS
Question 1. Complete the below table to calculate the price of a $1.8 million bond issue under each of the following independent
assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)(Use appropriat

CHAPTER 13 PRACTICE QUESTIONS
Question 1.
Eastern Manufacturing is involved with several situations that possibly involve contingencies. Each is described below. Easterns
fiscal year ends December 31, and the 2016 financial statements are issued on March

Calculation of a Bond Price
Remember from the lecture notes that ALL LOANS ARE PRESENT VALUE. A bond consists of two
different cash flows:
The payment of the principle at the maturity of the loan
The periodic payments of the interest.
The price of a bon

Bonds Payable Handout
Amortization Effective Interest Method
On 1/1/2011, Your Company just issued a 4 year, $1,000 bond, with a rate of 12% which
is paid annually. The market rate is 10%
Will the bond be bought at a premium or a discount? _
What is the i

ACCT 2252 Intermediate Accounting
Exam 1 Topic Review Checklist
Exam 1 consists of 49 multiple choice questions, each worth 4.4 points. Total points possible are 200, so
15.6 bonus points are built in to the exam.
Define and identify current liabilities
C

CHAPTER 12 PRACTICE QUESTIONS
Question 3. Construction Forms Corporation buys securities to be available for sale when circumstances warrant, not to
profit from short-term differences in price and not necessarily to hold debt securities to maturity. The f

ACCT 2252 Intermediate Accounting II
Study Guide Exam 3
Chapters 17 & 18
Exam 3 will cover Unit 3. The exam will be worth 250 points toward the final grade, but will include 260
possible points. There will be 40 multiple choice questions each worth 6 poin