Answer:
The answer is letter C.
Explanation:
The situation that would not result in auditors adding an additional paragraph to their report is reference to a departure from GAAP that is material, but not pervasive, to the financial statements.
Answer:
a. $880.74
b. 13 years
Explanation:
a. Conversion ratio = Current Value of bond / Conversion price = 1,000 / 93.4 = 10.71
Conversion price of bond = 10.71 × 28.60 = $306.31
Coupon = Par value of bond * Coupon rate = $1,000 * 6.4% = $64
Present value of straight debt is calculated below:
Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]
= $64*11.93 + $117.46
= $763.28 + $117.46
= $880.74
.
Therefore, the minimum value of bond is $880.74
b. Conversion ratio = 10.71
Current stock price = $28.6
Suppose number of year the stock will take to reach above $1,140 is t.
Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t
$1,140 = $28.6 * 10.71 * (1.108)^t
(1.108)^t = 3.7218
t = 12.8145 year.
t = 13 years
When the demand for the economy exist expanding, the demand for loanable funds will increase.
<h3>What is Demand?</h3>
The quantity of a good that consumers are willing and able to buy at various prices at a specific time period and location is known as the demand. The demand curve is another name for the relationship between price and quantity demand. Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
Loanable funds are all the resources that individuals and organizations in a given economy have chosen to set aside and lend to investors rather than use for their own needs. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand. The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact.
Hence, When the demand for the economy exist expanding, the demand for loanable funds will increase.
To learn more about Demand refer to:
brainly.com/question/1245771
#SPJ4
Answer:
1.
Date Account title Debit Credit
Dec. 31 Investment in Tran Corp. $210,000
Investment Income $210,000
Working:
Herrera owns 280,000 out of 800,000 Tran Corp shares so they will recognize:
= 280,000/800,000 * 600,000
= $210,000 of Tran Corp. net income.
2.
Date Account title Debit Credit
Dec. 31 Cash $140,000
Investment in Tran Corp. $140,000
Working
Cash received as dividend = 0.5 * 280,000 share
= $140,000
In programming basis, there a few ways in representing the largest value of a character if it has a lacking of an unsigned one byte character, the following can be used:
Bytes(8 bit) = 255
Hexadecimal = FFFFFF
octal = 8888
I think thats all i cant give and i hope this would help you.
