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!
Question 1: Johannesburg Corp. has two issues of securities outstanding: no par value common shares and 8% convertible bonds with a par value of $ 8,000,000. Bond interest payment dates are June 30 and December 31. The conversion clause in the bond indenture entitles the bondholders to receive 40 common shares in exchange for each $ 1,000 bond. The value of the equity portion of the bond issue is $ 60,000. On June 30, 2020, the holders of $ 1,200,000 par value bonds exercise the conversion privilege. The market price of the bonds on that date is $ 1,100 per bond and the market price of the common shares is $35. The total unamortized bond discount at the date of conversion is $ 500,000. In applying the book value method, what amount should Johannesburg credit to Common Shares as a result of this conversion?
a) $ 1,284,000b) $ 1,134,000c) $ 1,125,000d) $ 1,116,000
For the 2020-21 financial year, Describes the tax treatment of a lump sum withdrawal from a super fund, for a member aged 59 who has retired?
On January 1, 2016, What is the net income earned during the year 2016, assuming the collectability of the note is not reasonably assured?
Some of these transactions have an immediately positive effect on the company’s financial condition. Some are definitely negative. Others have an effect that cannot be judged as clearly positive or negative. Evaluate each transaction’s effect as posi..
On 21 December 20X1, Coldwear received an online order from a customer for a winter jacket selling at $203. Apply the five steps process of FRS to the sales
The portfolio's standard deviation is 40% and its correlation with "M" is 0.8. The risk free rate is 2.5%, What is the expected return on your portfolio
What strategies or techniques could Farflung Plc possibly utilise to mitigate the political risk of investment in Spacetopia that you may have outline
Purchase returns and allowances 9,500. Prepare the cost of goods sold section of the multiple-step income statement for Ivanhoe Stores
What is the maximum amount that BG Corporation should be willing to pay to take over SMCorporation (rounded to the nearest thousand dollars)?
Give some examples of items that would be adjusted directly against equity, rather than being included as part of profit or loss.
Bob Barthrow, the executive vice president of the Greyhound Frequent. How many CSRs are required to meet demand during a regular work day?
Financial instruments have recently been developed and used for what purposes? Increasing the volatility of primary financial instruments.
Wendell’s Donut Shoppe is investigating the purchase of a new $34,100 donut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,600 per year. What would be the total annual c..
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