subject
Business, 01.03.2021 20:30 grayjasmine46

On January 1, 2018, Madison Company issued $100,000 of 6%, 5-year convertible bonds at a net price of $105,000. Madison recently issued similar, but nonconvertible, bonds at 101. The bonds pay interest on June 30 and December 31. The company uses IFRS and the straight-line method for amortization. On January 1, 2019, all bonds were converted to Madison's no par common stock. What amount of convertible bonds payable should the company remove at the date of conversion

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.
Answers: 2
question
Business, 22.06.2019 07:00
Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805
Answers: 1
question
Business, 22.06.2019 09:50
Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses
Answers: 3
question
Business, 22.06.2019 19:30
Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.
Answers: 2
You know the right answer?
On January 1, 2018, Madison Company issued $100,000 of 6%, 5-year convertible bonds at a net price o...
Questions
question
Mathematics, 22.05.2020 01:00
question
Spanish, 22.05.2020 01:00
question
Mathematics, 22.05.2020 01:00
Questions on the website: 13722363