1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Burka [1]
3 years ago
15

ABC Company has issued $20,000,000 of convertible bonds with a coupon of 5% and a current market value of 120. The conversion pr

ice is $40. If all the bonds are converted, how many additional shares of common stock will ABC have outstanding
Business
1 answer:
olchik [2.2K]3 years ago
8 0

Answer:

Explanation:

k

You might be interested in
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $4 billion, price/earnin
Mazyrski [523]

Answer:

Explanation:

1. Shareholder's Equity = 4 billion

shares outstanding = 60 million

Book value/ share = 4000/60 = $66.66/ share

Market value / Book Value = 1.7

Market value of stock = 1.7*66.6=$113.22

2. EBITDA or earnings before interest, taxes, depreciation and amortization

Enterprise value (EV) = Market value of equity . + Market value of debt. - Cash =4bill + 8bill - 320million

=12 billion -320 million

=1.168 billion

8 0
3 years ago
Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2019, their AGI before any
tamaranim1 [39]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Local companies have expressed their enthusiasm about hiring UCF graduates who are able to sustain effort and interest in long t
Tom [10]

Answer:

The correct answer is b. Grit.

Explanation:

On many occasions, the main enemies of our dreams inhabit ourselves: conformism, apathy, disappointment and resignation. Many dreams lack planning, money, time and personal conviction about one's own abilities. All this goes against the entrepreneurial mindset.

7 0
3 years ago
Omega, Inc. sells its fitness wrist band for $100. It cost the company $62 to make the product. While Tom values the Omega wrist
dangina [55]

Answer:

B. each customer's reservation price.

Explanation:

Reservation price is the highest amount a buyer would be willing to pay for a good or service.

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
Manufactured truck parts are part of which industry
qwelly [4]

Answer:

c

Explanation:

4 0
2 years ago
Read 2 more answers
Other questions:
  • Fox, Inc. reported net income of $300,000 for the current. Changes occurred in several balance sheet accounts as follows: Equipm
    9·2 answers
  • Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $60 per unit.
    5·2 answers
  • Mesa Corp. allocates overhead to production on the basis of direct labor costs. Mesa’s total estimated overhead is $450,000 and
    5·1 answer
  • Why would an American company downplay its American origin while operating in another country?
    13·1 answer
  • Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows:
    7·1 answer
  • An increase in savings by Americans (2 points) Question 7 options: 1) would most likely increase the supply of loanable funds.
    6·1 answer
  • Journalize the following transactions.a. On December 1, $13,250 was received for a service contract to be performed from Decembe
    11·2 answers
  • Separation of duties is important for internal control of
    6·1 answer
  • The cover letter should _____.
    9·1 answer
  • In a bus network, a single communication path connects the central server, departmental servers, workstations, and peripheral de
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!