Answer:
Given that,
Flounder Inc. issued convertible bonds = $2,840,000 par value
Interest rate = 7%
Sold for cash = $97
If the bonds had not included the conversion feature, then
Sold for = $95
Therefore, the journal entry is as follows:
Cash A/c ($2,840,000 * 0.97) Dr. $2,754,800
Discount on issue of Bond A/c Dr. $85,200
To 7% Convertible Bonds payable $2,840,000
The best example of a factor that indicates the success of a corporation is its projected earnings. The earnings play a major role in characterizing a successful company. If earnings are stable, has positive growth, and reflects quality, then the corporation is successful.
Should sell the shares they own while they are still worth something of greater value
It is a true statement that eskom's managers are actively involved in the decisions of the business.
<h3>What is a manager?</h3>
This refers to the officials responsible for supervising and motivating employees as well as directing the progress of an organization.
The role of manager includes to perform functions such as like planning, organizing, staffing, directing, controlling etc.
Most of these functions are essential for running an organization smoothly and achieving enterprise objectives.
Therefore, It is a true statement that eskom's managers are actively involved in the decisions of the business because the basic functions pointed above are made by the managers to achieve organizational goals.
Read more about managers role
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Answer:
Sure why not what is it but give me a crown
Explanation: