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Case 1

The document outlines financial data including initial recognition, share in net income, dividends, and present values for various financial instruments as of December 31, 2020, and 2021. It details adjustments made to recorded values and amortization schedules for bonds and equity investments. Key figures include a face value of $5,000,000 and a quoted price of 107%.

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Lee Teuk
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61 views2 pages

Case 1

The document outlines financial data including initial recognition, share in net income, dividends, and present values for various financial instruments as of December 31, 2020, and 2021. It details adjustments made to recorded values and amortization schedules for bonds and equity investments. Key figures include a face value of $5,000,000 and a quoted price of 107%.

Uploaded by

Lee Teuk
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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INITIAL RECOGNI 6,000,000.00 31.

25%
SHARE IN NET INC 1,562,500.00
DIVIDENDS @ 2/S - 100,000.00 PV -MATURITY VALUE
CV @ 12-31-2020 7,462,500.00 FAC 5,000,000.00
SHARE IN NET INC 2,031,250.00 PVF 0.513158 2,565,790.59
DIVIDENDS @ 7/S - 350,000.00 PV - 7 INTEREST PAYMENTS
CV OF EI @ 12-31 9,143,750.00 INT 600,000.00
PVF 4.868419 2,921,051.29
FACE VALUE 5,000,000.00 PV - BOND 5,486,841.88
QUOTED PRICE 107%
CV OF DI @ 12-31 5,350,000.00
DATE NOMINAL EFFECTIVE
CV OF EI @ 12-31- 9,143,750.00 ###
RECORDED FV OF E - 7,100,000.00 12/31/2020 600,000.00 548,684.19
ADJUSTMENT - DR 2,043,750.00 12/31/2021 600,000.00 543,552.61

CV OF DI @ 12-31- 5,379,078.68
RECORDED CV OF - 5,000,000.00
ADJUSTMENT - DR 379,078.68
AMORTIZATION CV
5,486,841.88
51,315.81 5,435,526.07
56,447.39 5,379,078.68

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