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Elis [28]
3 years ago
6

On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 204

4 closes at 239.320. After the closing bell Huron Investments announces that the debenture will be called at 111.250. The debenture is convertible into common stock at $5 per share. A $1,000 bond is now worth?
Business
1 answer:
WITCHER [35]3 years ago
7 0

Solution:

Investment stock price = $5.35

Debenture is convertible at $5 per share

The worth of $1000 bond = (1000/5)*5.35 = $1070

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condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period o
Nataly [62]

$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.

<h3>What is condominiums?</h3>

A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.

320*12=3840

3840*7=$26880

A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.

Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.

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8 0
1 year ago
Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to tota
Anni [7]

Answer:

Estimated manufacturing overhead rate= $2.32 per machine hour.

Explanation:

Giving the following information:

Overhead costs are estimated to total $292,552 for the year, and machine usage is estimated at 126,100 hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 292,552/126,100= $2.32 per machine hour.

5 0
4 years ago
why might alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment
kenny6666 [7]

It can be inferred that Alexandria may exhibit the above traits because of her philosophy of always helping local businesses. This may come from the understanding that local businesses support and create more employment.

<h3>Why is employment important?</h3>

Employment is critical because it ensures that aggregate demand is constantly growing.

Without aggregate demand, there won't be supply and the economy collapses.

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5 0
2 years ago
2. The poor quality of selection will mean extra cost on ... and supervision
Y_Kistochka [10]

Answer:

A training

Explanation:

This is the correct answer you want

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5 0
3 years ago
Read 2 more answers
Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and
soldier1979 [14.2K]

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

  • Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
  • Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
7 0
3 years ago
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