Answer:
Explanation:
The journal entry is shown below:
Bonds payable A/c Dr $60,000
Premium on bonds payable A/c Dr $10,000
To Common stock A/c $45,000
To Paid in capital in excess of par A/c $25,000
(Being the conversion of bonds is recorded)
The computation is shown below:
For bonds payable
= sixty $1,000 convertible bonds
That means
= 60 × $1,000
= $60,000
For Premium on bonds payable:
= $70,000 - $60,000
= $10,000
For Common stock:
= 9,000 shares × $5
= $45,000
And, the remaining balance is credited to paid in capital in excess of par
Answer:
140°F
Explanation:
140°F is ordinary temperature for eliminating microscopic organisms, yet it will likewise effect and truly burn individuals. In this regard, sherry knows about that, which is the reason she comprehend that she needs to hold back to consume it. High temperatures, 140°F or more, ought not be brought into normal private or business pipes that go to end client taps and showers etc.
Answer:
Financial institutions such as mutual funds and pension funds that control a large block of shareholders position.
Explanation:
Institutional ownership can be defined as the quantity of stock that is being owned by large bodies such as investment firms, mutual funds, investment banks, insurance companies. These different bodies are responsible for the management of different funds for other entities.
A lot of different institutional investors can own a large amount of shares, therefore if an institution decides to sell, it will have a huge effect on a lot of individual shareholders.
Answer:
You question is missing some data.so i am adding a sample question matching the above conditions.i hope it will help.
You have just taken out a $15,000 car loan with a 8% APR compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go towards the interest? (Dont round intermediate steps to six decimal places)
Round answers to nearest cent
Explanation:
Please find attached file for complete answer solution and explanation of same question.
