Exercise 2: Natural Selection
Darwins 3 postulates:
1. More individuals of each species are born than could possibly survive. Therefore, there is a
competition for survival.
2. Individuals vary in their characteristics. This variation will affect an indiv
Assignment Print View
Exercise 14-11 Straight-Line: Bond computations, amortization, and bond
retirement LO P2, P4
[The following information applies to the questions displayed below.]
On January 1, 2013, Shay issues $350,
Chapter 14 Outline
I. Basics of Bonds
Projects that demand large amounts of money often are funded from
A. Bond Financing
1. A bond is its issuers written promise to pay an amount
identified as the par value of the bond with interest.
CH 14 Demo Problem: Use the tables in Appendix B, pages B-10 and B-11.
ABC Company issued $200,000 face value bonds on January 1, 2013, with
semiannual interest payments to be made on June 30 and December 31 at a
contract rate of 10%. The bonds were sched
CH 15 Demonstration Problem
Equity vs. Fair Value
Investor Corporation purchased 8,000 shares (20%) of Investee
Companys outstanding stock at a cost of $150,000.
May 31 Investee Company declared and paid a cash dividend of $1.50 per
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
(a) A security that is convertible into another security based on a conversion rate. For example,
convertible preferred stock that is convertible into common stock on a two-for-one
1. (a) Funds might be obtained through long-term debt from the issuance of bonds, and from the
signing of long-term notes and mortgages.
(b) A bond indenture is a contractual agreement (signed by the issuer of bonds) between the
bond issuer and