Journal of Accountancy, Հատոր 5 |
From inside the book
Արդյունքներ 39–ի 1-ից 5-ը:
Էջ 2
I contend that the reinvestment plan is purely fictitious ; that no such creation of a
sinking fund for the extinction of a premium is ever practiced or can be practiced ,
and that if it were put in practice , the holder of the bond would not be earning ...
I contend that the reinvestment plan is purely fictitious ; that no such creation of a
sinking fund for the extinction of a premium is ever practiced or can be practiced ,
and that if it were put in practice , the holder of the bond would not be earning ...
Էջ 5
With the foregoing principles in mind , it will be easy to approach the objections
raised that the reinvestment plan is wrong in its entire ; that a creation of a sinking
fund , which is what this reinvestment plan amounts to , is neither actually ...
With the foregoing principles in mind , it will be easy to approach the objections
raised that the reinvestment plan is wrong in its entire ; that a creation of a sinking
fund , which is what this reinvestment plan amounts to , is neither actually ...
Էջ 6
80 premium paid at the time of purchase . It is the sinking fund , already referred
to , which provides this . To carry the illustration further , the investor must reckon
4 per cent . upon the total cost price of $ 1 , 136 . 80 , which would amount to 22 .
80 premium paid at the time of purchase . It is the sinking fund , already referred
to , which provides this . To carry the illustration further , the investor must reckon
4 per cent . upon the total cost price of $ 1 , 136 . 80 , which would amount to 22 .
Էջ 7
Why , then , should they claim that it cannot be done ; that is , that no such sinking
fund ever can be put into practice ? Perhaps it never is put in practice , but there
must be some theory upon which bond values tables are computed , and , right ...
Why , then , should they claim that it cannot be done ; that is , that no such sinking
fund ever can be put into practice ? Perhaps it never is put in practice , but there
must be some theory upon which bond values tables are computed , and , right ...
Էջ 8
... purchase price of the bond - namely , $ 1 , 136 . 80 — for the full time he has
held it . He sells it upon the same relative basis upon which he purchased it , and
the sinking fund which the “ controvertists " claim never is and never can be ...
... purchase price of the bond - namely , $ 1 , 136 . 80 — for the full time he has
held it . He sells it upon the same relative basis upon which he purchased it , and
the sinking fund which the “ controvertists " claim never is and never can be ...
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