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DaniilM [7]
3 years ago
9

The holder of a $1,000 face value bond can exchange the bond any time for 25 shares of stock. Then the conversion ratio:

Business
1 answer:
Degger [83]3 years ago
5 0

Answer:

Conversion ratio is 25:1

Explanation:

Conversion ratio explains the number of shares that you can get for one bond. Here the number of shares that you are getting for 1 $1000 face value bond is 25 shares. Therefore, the conversion ratio is 25:1

The conversation ratio can also be calculated by dividing the par value of a bond for a share's price. As we do not have the price of 1 share, we will use the quantity to decide the conversion ratio.

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Jordan Company budgeted sales of 400,000 calculators at $40 per unit last year. Variable manufacturing costs were budgeted at $1
MariettaO [177]

The minimum price Jordan would accept for this special order is $22

Explanation:

Special order 40,000 calculators

Order price $23

Total order price = 40,000× $23  = 920,000

Total order price = 40,000× $23  = 920,000

Note : according to the question.,there is no need for fixed manufacturing costs

Total cost Estimation = (Variable cost +estimated additional cost )×T.units

 = (19 + 3) = 22 ×40,000 units = 880,000

= (19 + 3) = 22 ×40,000 units = 880,000

profit from this order = 23-22 = 1 per unit ×40,000 = 40,000

The minimum price Jordan would accept for this special order is $22

                                   

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Which of the following tools would be used to tighten a nut or bolt with a precise amount of twisting
Nataly [62]

the answer would a actually be A. Torque Wrench


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3 years ago
1. Explain how Merck produces TVs.
sdas [7]

<u>Merck & Co:</u>

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6 0
3 years ago
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The price of ice cream increases. In 1 or 2 sentences, explain how and why this affects the quantity of ice cream cones demanded
Ivan
As the price of ice cream increases, so the demand by consumers may decrease, decreasing the quantity of ice cream cones demanded (provided that all consumers eat ice cream with a cone!)
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