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Using the book value method, record the conversion of $9 million of bonds into common stock with a $10 par value if the conversion occurred when the market price of the common was $24 per share, and total convertible debt outstanding amounted to $36 million with a carrying value of $34 million. Assume each $1,000 bond can be converted into 20 shares of stock.
A student places beetroot cubes in sugar solutions 0M, 2M, 4M, 6M and 8M for 30mins. When the data was graphed, it appeared that there was no percent gain or loss in mass for the beetroot cube put in the 6M sugar solution.
How many moles of H+ (H3O+) are produced in 40.0 m of 0.025 M HCL?
A poor person who has an income of $1,000 receives $100 worth of food stamps. Draw the budget constraint if the food stamp recipient can sell these coupons on the black market for less than their face value.
The effects of early feeding experiences on later food preferences were studied in guinea pigs. The animals were grouped five per cage, and each of the three groups was fed only one type of food-A, B, or C-for three weeks.
The sample mean X will be used to estimate. Determine the probability that the estimate will be off by less than .2 oz. Assume that the SD of the fills is .8 oz.
Joe's boxed fruit expects sales of $1,800 next year. the profit margin is 6 percent and the firm has a 40 percent dividend payout ratio. What is the projected increase in retained earnings?
What is the purpose of engagement planning? What critical information should the auditor consider during engagement planning? How will this information affect the scope of the audit?
a 365.0g sample of water,contains 23mg Au. How much gold is present in the sample in parts per million?
A technology is invented that makes labor and capital perfect one to one substitutes in the production of Mint Chocolate Chip super High fat Ice-cream.
That would mean it wouldn't have any electrons to give. Can anyone answer this for me as to why there are 28 electrons being transferred if hydrogen has a oxidation state of +1 meaning it doesn't have any electrons to give?
The total of the individual customer account balances should equal the balance in accounts receivable, which is the
Shue withdrew $240,000 as withdrawals and contributed equipment valued at $50,000 to the partnership. What was the net income of the Financial Brokers Partnership for 2008?
Swan a calendar year corporation has a deficit in current E & P of 200,000 and a %580,000 positive balance in accumulated E&P. If Swan determines that a $1 million distribution to its shareholders is appropriate at some point during the year, what..
Suppose that R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3600 cases. A case of the soft drink costs R&B $3. Ordering costs are $20 per order and holding costs are 25% of the value of the inventory. R&B..
Grossman Products began operations in 2013. The following selected transactions occurred from September 2013 through March 2014. Grossman's fiscal year ends on December 31.
Giving each salesperson the compensation option of choosing either a low salary and a high- percentage sales commission or a high salary and a low-percentage sales commission.
Analyze the accounting requirements for the business combination and discuss challenges in preparing the financial statements for the consolidation of subsidiaries on the date of acquisition.
What are the advantages of acquiring the majority of the voting shares of another company rather than acquiring all of its voting stock?
Muriel, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2009, she had interest income of $2,400 and $800 of earned income from babysitting. Muriel's taxable income is what?
What amount will be included in intangible assets on the company's December 31, 2008 financial statements prepared in accordance with IFRS? How much would be included in intangible assets under US GAAP?
Calculate the NPV, and the Profitability Index (PI) for this project. Should this project be undertaken?
Doug pays a county personal property tax on his automobile of $1,500. The $1,500 includes $800 based on the weight of the car and $700 based on the value of the car. How much of the tax can Doug deduct on his tax return?
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