This assessment synthesizes all 14 lessons of Accounting 300: long-term debt and bonds, equity section mechanics, EPS computation, investment accounting methods, consolidation, cash flow statement construction, free cash flow analysis, ratio interpretation, and DuPont decomposition. These questions require multi-step reasoning, cross-concept integration, and the same analytical depth demanded in CFA Level 1–2 financial statement analysis.
This assessment covers all 14 topics in Accounting 300. Each question requires synthesis across multiple lessons. Work through the full calculation before selecting an answer — most distractors contain plausible partial calculations.
Libby Ch10–14 · 15 lessons · Advanced financial analysis
The quiz below contains 12 comprehensive questions. Questions 1–4 test bonds and equity structure. Questions 5–6 test EPS and investment accounting. Questions 7–8 test consolidation and SCF construction. Questions 9–10 test FCF and ratio analysis. Questions 11–12 test DuPont decomposition with multi-year diagnosis.
Key Takeaways
A company issues $1,000,000 of 5-year bonds with a 6% coupon (semi-annual), when the market rate is 8%. The bonds are issued at $918,891. In the first semi-annual period, what is interest expense, the amortization of discount, and the new carrying value?