更多服务

特色服务

找学习资源

查报考信息

看备考资讯

备考工具箱

报考指南

报考条件

考试日历

资料中心

考试动态

就业前景

热门题库

网校课程

精彩推荐

全部

USCPA冲刺备考：writing题型解析（5）

来源：高顿网校 2015-10-27

　　Turner Company is considering acquiring a new plant.The CFO, John Chen, is considering how to finance the new plant.Specifically, John is trying to decide whether to finance the plant by issuing bonds or through a sale and leaseback.Compose a memorandum to John explaining the advantages and disadvantages of these two financing strategies.

　　REMINDER:Your response will be graded for both technical content and writing skills.Technical content will be evaluated for information that is helpful to the intended reader and clearly relevant to the issue.Writing skills will be evaluated for development, organization, and the appropriate expression of ideas in professional correspondence.Use a standard business memo or letter format with a clear beginning, middle, and end.Do not convey information in the form of a table, bullet point list, or other abbreviated presentation.

　　To:Mr. John Chen

　　Turner Company

　　From:CPA Candidate

　　解析：

　　This memorandum provides information to help in deciding whether to finance the proposed new plant by issuing bonds or through a sale and leaseback.Issuing bonds is a common technique used to finance long-term assets, such as a plant.Bonds typically have a 20 year maturity and provide for semiannual interest payments.The bonds become a liability on the balance sheet of the corporation, and the bond agreement typically contains covenants that place restrictions on the flexibility of the company.From an income tax standpoint, the interest on the bonds is tax deductible.

　　A sale and leaseback is a transaction in which the company sells the plant to another party and simultaneously leases it back under a long-term agreement.Such arrangements may provide financing and tax advantages.As an example, the tax benefits of the investment in the plant may be given in the agreement to the party that can best use the tax benefits. In addition, lease financing may be easier to obtain than bond financing, and the lease agreement may contain fewer restrictions than the bond agreement.

　　If you like additional information to make your decision, please contact me.

　　Keywords: bond, leaseback, long-term, assets, maturity, interest, liability covenants, deductible, benefit

　　高顿网校温馨提醒

　　USCPA-美国注册会计师，全球会计*9证，国内人才缺口25万，年薪40W起，如何成为全球财会精英？点击获取USCPA职业发展白皮书！

　USCPA考试免费题库【手机题库下载】| 在线直播

　USCPA高清网课免费体验 USCPA名师精品班免费试听

　　美国注册会计师精彩推荐： USCPA招生专题

　　解析：USCPA到底是什么？

USCPA职业发展与分析

2015年USCPA考试常见问题解析

版权声明：本条内容自发布之日起，有效期为一个月。凡本网站注明“来源高顿教育”或“来源高顿网校”或“来源高顿”的所有作品，均为本网站合法拥有版权的作品，未经本网站授权，任何媒体、网站、个人不得转载、链接、转帖或以其他方式使用。经本网站合法授权的，应在授权范围内使用，且使用时必须注明“来源高顿教育”或“来源高顿网校”或“来源高顿”，并不得对作品中出现的“高顿”字样进行删减、替换等。违反上述声明者，本网站将依法追究其法律责任。本网站的部分资料转载自互联网，均尽力标明作者和出处。本网站转载的目的在于传递更多信息，并不意味着赞同其观点或证实其描述，本网站不对其真实性负责。如您认为本网站刊载作品涉及版权等问题，请与本网站联系(邮箱fawu@gaodun.com，电话：021-31587497)，本网站核实确认后会尽快予以处理。

展开全文咨询在线

在线咨询热销

专业老师服务限时优惠

图文问答

图片文字快速问答