What is the amount of paid-in capital in excess

Assignment Help Business Management
Reference no: EM131785635

Mars Corporation issued at a premium of $5,000 a $100,000 bond issue convertible into 2,000 shares of common stock (par value $40). At the time of the conversion, the unamortized premium is $2,000, the market value of the bonds is $110,000, and the stock is quoted on the market at $60 per share. If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds?

Reference no: EM131785635

Questions Cloud

How the four pillars of the safety management system : describe how the four pillars of the Safety Management System were not applied to event and how it could have been prevented by an SMS and its four pillars.
Prepare an absorption costing income statement for september : Prepare an absorption costing income statement for September. Prepare a contribution format income statement for September using variable costing
Controlling the effluent composition and temperature : The CST mixing process in Figure is proposed. The goal is to control the effluent composition and temperature.
Plot the boundary determinant against the frequency w : Using the matrix formulation, establish the boundary conditions for the symmetric and antisymmetric bending modes for the system shown in Figure.
What is the amount of paid-in capital in excess : If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds?
What are one or more important sociological issues in health : What are one or more important sociological issues in health and medicine in the world today that you observed in the series you explored?
Discuss the earned value management technique : Identify a project to complete in your department at your organisation - Create a work breakdown structure (WBS) for your project
Annual retirement withdrawal in today dollars : What is the purchasing power of a given annual retirement withdrawal in today's dollars?
Prepare the journal entries to pay the march : Required: Prepare the journal entries to pay the March 31 payroll, assuming Major Co. uses a special payroll bank account

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd