CourseLover

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About CourseLover

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Elementary,Middle School,High School,College,University,PHD

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago, 4 Days Ago
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 22 Dec 2017 My Price 10.00

to record the loan and subsequent payments

Hi,

These problems are from a undergraduate level managerial accounting course and shouldn't take much time for a pro to do. If it would be possible to get the solutions within the next four hours or so that would be great, within 6 hours is the deadline as I have to submit this evening. 

Please take a look at the attachment and the problems and let me know if you cannot complete all of the problems so I can submit to another tutor.

Thank you for your help!

Silvia  

Question 3 On January 1, 20X5, Juan Silvia borrowed $500,000 to purchase a new office building. The loan is to be repaid in 2 equal annual payments, beginning December 31, 20X5. The annual interest rate on the loan is 9%. Prepare the appropriate journal entries to record the loan and subsequent payments at the end of 20X5 and 20X6. Question 4 Jacob Joseph has identified five different companies in which he is interested in investing, based upon their products and prospects. However, Jacob is concerned about a general economic downturn and desires to invest in companies with the lowest debt exposure. Following is a list of the data for the five potential investments. Jacob has compiled the data and has ranked the companies based upon total debt. He has requested your help in evaluating the risk profiles for each company. To complete your evaluation, you need to know that each company faces an income tax rate that is equivalent to 30% of income before taxes (which also means that net income is 70% of income before taxes). In addition, assume that each company incurs an average interest cost that is 8% of total debt. Total Assets Total Debt Net Income A $ 10,000,000 $ 1,000,000 $ 200,000 B 20,000,000 3,000,000 1,000,000 C 6,000,000 4,000,000 250,000 D 15,000,000 6,000,000 1,600,000 E 30,000,000 22,000,000 4,000,000 1) Calculate the debt to total asset ratio, and reorder the list from least risky to most risky, based upon that ratio. D C B
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CourseLover
(12)
Status NEW Posted 22 Dec 2017 06:12 AM My Price 10.00

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