Bond Discount/Premium Amortization (straight-line)
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Face Value of Note * Contractual Interest Rate + Discount - Premium
where:
Discount = (Bond Discount) / (# of Interest Periods)
OR
Premium = (Bond Premium) / (# of Interest Periods)
Expanded Basic Accounting Equation
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, Assets = Liabilities + Common Stock + Revenues - Expenses - Dividends
Gross Profit
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Net Sales - Returns and Allowances - Cost of Goods Sold
Basic Accounting Equation (balance sheet)
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Assets = Liabilities + Equity
Days in Inventory
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(365) / (Inventory Turnover Ratio)
Paid-in Capital in Excess of Par/Stated Value
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Give this one a try later!
Face Value of Note * Contractual Interest Rate + Discount - Premium
where:
Discount = (Bond Discount) / (# of Interest Periods)
OR
Premium = (Bond Premium) / (# of Interest Periods)
Expanded Basic Accounting Equation
Give this one a try later!
, Assets = Liabilities + Common Stock + Revenues - Expenses - Dividends
Gross Profit
Give this one a try later!
Net Sales - Returns and Allowances - Cost of Goods Sold
Basic Accounting Equation (balance sheet)
Give this one a try later!
Assets = Liabilities + Equity
Days in Inventory
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(365) / (Inventory Turnover Ratio)
Paid-in Capital in Excess of Par/Stated Value
Give this one a try later!
