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    Pulte Homes Inc is the largest homebuilder in the US, having built over 500,000 homes since its founding in 1950. It offers homes catering to different buyers, from first-time buyers to active adult communities. Pulte Homes may issue bonds to obtain cash flow, with bonds payable recorded on the balance sheet. Bonds issued at a premium have a higher market rate than contract rate, while bonds at a discount are lower, with premium amortized and discount accreted over the life of the bonds.

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    Pulte Homes Inc is the largest homebuilder in the US, having built over 500,000 homes since its founding in 1950. It offers homes catering to different buyers, from first-time buyers to active adult communities. Pulte Homes may issue bonds to obtain cash flow, with bonds payable recorded on the balance sheet. Bonds issued at a premium have a higher market rate than contract rate, while bonds at a discount are lower, with premium amortized and discount accreted over the life of the bonds.

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    7 views1 page

    Solutiondone 2-299

    Uploaded by

    trilocksp Singh
    Pulte Homes Inc is the largest homebuilder in the US, having built over 500,000 homes since its founding in 1950. It offers homes catering to different buyers, from first-time buyers to active adult communities. Pulte Homes may issue bonds to obtain cash flow, with bonds payable recorded on the balance sheet. Bonds issued at a premium have a higher market rate than contract rate, while bonds at a discount are lower, with premium amortized and discount accreted over the life of the bonds.

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    Pulte Homes Inc specializes in offering communities and

    home styles
    Pulte Homes, Inc., specializes in offering communities and home styles for buyers at every point
    on the home ownership spectrum, from first homes to urban development’s to lifestyle
    communities for active adults. William Pulte, the founder of Pulte Homes, Inc., built his first
    home in 1950, and the corporation built its first subdivision in 1961 in Detroit. Since then, the
    company has built more than 500,000 homes. After a merger with Centex in late 2009, Pulte
    Homes is now the largest U. S. homebuilder. The growth that Pulte Homes, Inc., has undergone
    since its start in 1950 requires a large cash flow. One way for a corporation to obtain cash is by
    issuing bonds. Why might a corporation issue bonds instead of issuing stock? Where would
    bonds payable be recorded on Pulte Homes’ financial statements? If a bond is issued at a
    premium, is the market rate higher or lower than the contract rate? What about a bond issued at
    a discount? How is bond premium recorded on the financial statements? What about bond
    discount?View Solution: Pulte Homes Inc specializes in offering communities and home styles
    SOLUTION-- http://solutiondone.online/downloads/pulte-homes-inc-specializes-in-offering-
    communities-and-home-styles/

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