User Account

All Pages

What will be the change in hirola additional paid

Assignment Help Accounting Basics
Reference no: EM133074009

Question - On September 1, 2021, right after an interest payment, $6,001,000 of Hirola's outstanding bonds were converted into 900,000 shares of Hirola's $2 par value common stock. At the time of the conversion, the common stock had a market value of $3 and the bond had an unamortized discount of $150,000. Based on this information, what will be the change in Hirola's additional paid in capital - common stock account due to the conversion?

Reference no: EM133074009

Questions Cloud

How much net income should be distributed to Lee and Andrews : Lee and Andrews had $80,000 and $150,000, respectively, in their January 1 capital balances. How much net income should be distributed to Lee and Andrews
What is the present value of stream : 1. You will receive $100 per year for 10 years. The discount rate is 10%. What is the present value of this stream?
Role contribute to team success in achieving goal : Which of the different roles you learned about in this module most applied to your role? How did your role contribute to team's success in achieving the goal?
Explain the principle of risk-neutral valuation : 1. Explain the principle of risk-neutral valuation.
What will be the change in hirola additional paid : Based on this information, what will be the change in Hirola's additional paid in capital - common stock account due to the conversion
Explain the target return approach : Excite Ltd is a new Internet-based company that sells sports films via downloads to its customers. Excite has been in business for 20 months and already has cus
Calculate forked stick output, price and profits : As a monopoly, calculate Forked Stick's output, price and profits at the profit maximizing activity level
Amendments both limit and protect business in general : Discuss how this section of the Constitution or its amendments both limit and protect business in general.
What is new loan amount : If the new lender will allow you to refinance the current outstanding loan balance plus all the costs associated with the new loan, what is your new loan amount

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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