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Question - On 1 January 2015 ABC Company issued 1000 7% convertible debentures to Company XYZ at par value of PI,000 each. The debentures are convertible into 1000 ordinary shares of ABC Company, at the option of the holder (Company XYZ) on 31 December 2019. If not converted, the options will be redeemed at par on 31 December 2019. The fair value of the debentures (without the conversion option) is P960 000 and P983 000 on 1 January 2015 and 31 December 2015 respectively. The fair value of the conversion option is P40 000 and P37 000 on 1 January 2015 and 31 December 2015 respectively. Referring to the above transactions from ABC Company books for the year ended 31 December 2015, what is the balance of the Financial Liability?
If volume in the first year is estimated to be 10,000 visits, what price per visit must be set if the practice wants to make an annual profit of $150,000
Is Norm Schultz correct in his attitude about workers not wanting recognition? What do you think about Norm Schultz's attitudes toward employees?
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After analyzing the data, prepare a statement of cash flows for Southwest Airlines for the year ended December 31, 2017.
AAA uses the cost method to account for its treasury stock transactions. Prepare the journal entries AAA needs to make to record the issuance
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Cherokee Manufacturing Company established the following standard price and cost data: Determine the sales and variable cost volume variances
determine the maximum annual benefis payable to a participant from a defined benefit plan in the following independent
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