Cost Accounting

The following selected information was taken from Barrick Gold Corporation’s (in U.S. millions): Instructions(a) Calculate each of the following ratios […]

On July 1, 2011, Global Satellites issued $1.5 million of 10-year, 7% bonds to yield a market interest rate of

On October 1, 2011, PFQ Corp. issued $600,000 of 10-year, 5% bonds at 100. The bonds pay interest semi- annually

The following is from Peppermint Patty Ltd.’s statement of financial position at December 31, 2011: PEPPERMINT PATTY LTD. Statement of

Elite Electronics signed a 10-year, 6.5%, $350,000 mortgage on June 30, 2011, to help finance a new research laboratory. The

On September 30, 2011, Atwater purchased a piece of equipment for $550,000. The equipment was purchased with a $50,000 down

Peter Furlong has just approached a venture capitalist for financing for his sailing school. The lender is willing to loan

MileHi Mountain Bikes Ltd. markets mountain-bike tours to clients vacationing in various locations in the mountains of British Columbia. On

The following is from Disch Corp.’s statement of financial position at December 31, 2011: DISCH CORP. Statement of Financial Position

On July 1, 2011, Ponasis issued $1 million of 10-year, 6% bonds at a price to yield a market interest