Answer:
B) $8 million.
Explanation:
There are $80 worth of convertible bonds, since half of them were converted to common stocks = $80 million x 50% = $40 million
Common stock = 6 million shares x 50% x $10 (par value) = $30 million
Unamortized balance in bond discount = $4 million x 50% = $2 million
Additional paid-in capital = convertible bonds - common stock - unamortized bond discount = $40 million - $30 million - $2 million = $8 million
June 30, 2013, Bond convertion:
Dr Bonds payable 40,000,000
Cr Common stock 30
,000,000
Cr Discount on bonds payable 2
,000,000
Cr Additional paid-in capital in excess of par value 8,000,000
Hi Jonathan, thanks for asking a question here.
The four Ms of resources in information systems are manpower, m<span>achinery, materials, and money.
Answer: Letter C </span>✅<span>
</span>Hope that helps! ★ If you have
further questions about this question or need more help, feel free to comment
below or post another question and send the link to me. -UnicornFudge aka Qamar
Answer:
A
Explanation:
Without market intervention, monopolies produce at a quantity in which price is greater than the marginal cost, therefore they obtain positive benefits. To keep a competition policy, the interventionist should set the price where the average total cost (ATC) crosses the demand curve (also the average total revenue). In this case, the intercept represents the point where the total cost is equal to the total revenue (TC=TR), there are no positive benefits as competitive markets.
It could also be option B, because the term "break-even" means no profits and no losses. But in monopolies, this point is where the ATC equals the ATR or demand (it is not the point Marginal Cost=Marginal Revenue because in most cases the ATC curve is above this point, so it would be better to shut down the firm), that is why I chose option A.
The four benefits of international strategies are increased the market size. The initial step in most organizations global development plans is typically an international strategy. The most effective technique is transnational, but it's also the most complicated in terms of the interactions and communications.
There is no one method that works for all the business ventures that involve global development. The emphasis on efficiency and low cost, as well as meeting cultural and societal needs locally, influence how these tactics are the different. International multi-domestic, global, and transnational are the four fundamental international strategies that multinational firms can choose from.
To learn more about international strategies, click here
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