Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the
bonds were selling in the market at 98, and the warrants had a market price of $40. Use the proportional method to record the issuance of the bonds and warrants. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round intermediate calculations to 5 decimal places, e.g. 1.24687 and final answers to 0 decimal places, e.g. 5,125.)
The answer and procedures of the exercise are attached in a image below****
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
To calculate the effective interest rate you'll need the following formula. (1+ APR / n ) ^n -1 *100. IT looks alot harder than it is. APR has to be expressed as a decimal, so 0.1642. n is the period. as it is daily, n=365.
1+(0.1642/365) to the power of 365. will give you 1.1784.... Minus 1, and times by 100 to get it as a percentage = 17.84%
Answer: The correct answer is "d. Commercial speech".
Explanation: This instance of regulation on advertising of health-compatibility statements about food products is an example of a limitation on <u>Commercial speech.</u>
<u>This regulation on advertising is limiting the freedom of expression, more specifically in the commercial discourse, to avoid the occurrence of these misleading advertisements that may harm third parties involved.</u>