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Bond [772]
3 years ago
10

Hoffman corporation issued $75 million of 7%, 15-year bonds at 104. each of the 75,000 bonds was issued with 15 detachable stock

warrants, each of which entitled the bondholder to purchase, for $30, one share of $1 par common stock. at the time of sale, the market value of the common stock was $35 per share and the market value of each warrant was $8.

Business
1 answer:
Lana71 [14]3 years ago
6 0

Answer:

Dr. Cash 78.0

Dr. Discount on Bonds Payable 6.0

     Cr. Bonds Payable

     Cr. Equity-Stock Warrants

Explanation:

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On June 1, 2019, Irene places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for person
worty [1.4K]

Answer:

a.$4,704

Explanation:

Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%

So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704

Hence, the cost recovery deduction for Irene in 2020 is $4,704.

4 0
3 years ago
A company is analyzing whether its employees prefer to skip their lunch break and leave a half-hour early each day or take a lun
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The results are inconclusive; Therefore a generalization cannot be made regarding which option is selected more often.

What is generalization and why is it important?

The ability to carry out a task, engage in an activity, or exhibit behavior in many contexts, with various people, and at various times is known as generalization. We have "generalized" the necessary skills, which explains why we can carry out routine tasks in a range of contexts and settings.

How can generalization be improved?

Using a network that is just big enough to achieve a good fit is one way to enhance network generalization. The ability of a network to perform more complicated functions increases with network size. The network won't have the strength to overfit the data if it is tiny enough.

Learn more about network size: brainly.com/question/1825455

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6 0
8 months ago
An organization characterized by direct two-way lines of responsibility and communication running from the top of the organizati
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Answer:

Line

Explanation:

The line organization is the organization structure in which the authority and responsibility are communicated from the top to bottom level of management so that the proper coordination could be done at each level of management i.e top, middle and lower.

Moreover, it is a two ways lines of responsibility i.e to be communicated from high to low level of management. Plus it would be reported to one supervisor only

6 0
3 years ago
Piazza, a pedestrian, was injured when struck by a vehicle driven by Delaney, who ran a stop sign. At the time of the accident,
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Answer:

Piazza should sue DGA Corporation because he (or she?) was struck by a company vehicle and the driver was acting within the scope of his normal employment tasks. Piazza might also sue Delaney along with DGA, since DGA is a small corporation and as a corporation is considered a separate legal entity whose shareholder equity might be really low.  

Piazza can sue for compensatory damages including pain and suffering, medical bills and lost wages.

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3 years ago
True or false: Partnerships are less likely to survive than sole proprietorships. True false question.
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true

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