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slamgirl [31]
3 years ago
15

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.
Business
1 answer:
ivann1987 [24]3 years ago
3 0

Answer:

The journal entry is as follows:

Cash A/c Dr. $2,020,000

Discount on bonds payable A/c Dr. $59,216

             To Bonds payable                              $2,000,000

             To Paid in capital - stock warrants    $79,216

(To record the issuance of the bonds and warrants)

Workings:

Cash:

= 2,000 × $1,000 × 101%

= $2,020,000

Discount on bonds payable:

= 2,000,000 - 2,020,000 × (980 ÷ 1,020)

= $59,216

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True or False: Production runs can be scheduled in one or two shifts. A. True B. False
stiv31 [10]

Answer:

The correct answer is letter "A": True.

Explanation:

The production run represents the number of units a company can produce during its production line. In some cases, the expected production line cannot be covered by one shift of employees. Then, the company allows overtime or implements a second shift to fulfill its objective.

8 0
3 years ago
A metal fabricator produces connecting rods with an outer diameter that has a 1 ± .01 inch specification. A machine operator tak
Morgarella [4.7K]

Answer:

A) 1.111

B) 0.889

Explanation:

given data :

outer diameter of connecting rods = 1 ± 0.01 inch

sample mean outer diameter = 1.002 inches

standard deviation = 0.003 inches

A) Calculating the Cp of the process

mean = 1.002

Standard deviation = 0.003

LSL = 1 - 0.01 = 0.99

USL = 1 + 0.01 = 1.01

Cp = \frac{USL - LSL}{6 * STANDARD DEVIATION} =  \frac{1.01-0.99}{6*0.003} = 1.111

B) calculate Cpk

mean = 1.002, LSL = 0.99, USL = 1.01 , deviation = 0.003

Cpk = min[\frac{mean-LSL}{3* deviation} , \frac{USL- mean}{3*deviation} ]

       = min [(0.012/0.009) , (0.008/0.009) ]

       = min [ 1.333, 0.889 ]

hence Cpk = 0.889

3 0
3 years ago
Which of the following tends to result in a decrease in the selling price of houses in an area? A. An increase in the population
juin [17]

Answer:

An increase in mortgage interest rates.- D.

7 0
3 years ago
What are the 3 Skills listed for a roofer?
Stels [109]

Answer: A

Explanation:

5 0
3 years ago
Read 2 more answers
If actual sales totaled $450,000 for the current year (30,000 units at $15 each) and planned sales were $540,000 (45,000 units a
torisob [31]

Answer:

Option B, $45,000, is the right answer.

Explanation:

Given actual sales = $450000

Actual units that is sold = 30000 units

Actual selling price = $15 per unit

Planned sales = $540000

Planned units = 45000

Planned selling price = $12 per units.

The difference between actual and planned sales due to unit price factor = change in units × change in price

= (45000 – 30000) × (15 – 12)

= $45000

Thus option B is correct.

4 0
3 years ago
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