Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
On 1 July 2020, Gerald Ltd issues 2,000 convertible notes. The notes have a three-year term and are issued at par with a face value of $1,000 per note, giving total proceeds at the date of issue of $2 million. The notes pay interest at 6% p.a. annually in arrears. The holder of each note is entitled to convert the note into 200 ordinary shares of Gerald Ltd at contract maturity.
When the notes are issued, the prevailing market interest rate for similar debt (similar term, similar credit status of issuer and similar cash flows) without conversion options is 8% per annum.
Required
Problem a) Calculate a effective interest schedule and distinguish between the allocation of interest payments and interest expense for each reporting period during the term of the note issue.
Johnson, Inc. projects sales for next year will be 60,000 units if the sales price is $28. At this level, unit fixed costs will be $8 while total variable costs will be $720,000. What is the breakeven point for the company in terms of dollars and uni..
Explain why using activity-based costing to justify not allocating corporate funds to social or environmental causes is an ethical issue
International ocean freight is $900. Import clearance and tariffs is $500. Inland freight in the country of importation is $200. The importer's final cost is
A company signs a note payable for $5,000 at 11?% for 45 days. How much interest will the company owe using a? 360-day year?? (Round your final answer to the nearest? cent.)
Show partial income statement for Hibou for 2020. The statement should begin with income from continuing operations and include an appropriate footnote
In addition, 100,000 refillable containers were sold to new customers during the current year. Determine outstanding liability for deposits
make sure to touch upon the physical, psychological, and social aspects of becoming an adolescent
What type of pension plan would an employee (not employer) want offered to them, a defined contribution plan or a defined benefit plan?
Using a tax rate of 37 percent, estimate the minimum price the owner of the division should consider for its sale. (Do not round intermediate calculations.)
Solve or Calculated Chris's tax liability due or refund. Chris, a single taxpayer, had the following income and deductions during 2019
On 20 June, Melbourne Ltd acquires equipment, What the journal entry recorded by Melbourne Ltd for the purchase of the equipment on 20 June is
What other factors would you recommend to be considered in establishing the raw material cost standard for the new cleaner?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd