1. XYZ Co. has outstanding $200,000 par value Convertible Bonds. The bonds were originally issued at a $10,000 Premium. All the bonds were converted into 6,000 shares of $20 par value Common Stock. At the time of conversion, the unamortized Premium is $4,500. The market value of the bonds is $190,000, and the stock is quoted on the market at $50 per share. Prepare a journal entry to record the conversion assuming XYZ Co. uses the Book Value method.
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At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage
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:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?
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Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
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Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
1. XYZ Co. has outstanding $200,000 par value Convertible Bonds. The bonds were originally issued at...
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