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Nana76 [90]
3 years ago
13

The common stock of Southern Airlines currently sells for $33, and its 8% convertible debentures (issued at par, or $1,000) sell

for $850. Each debenture can be converted into 25 shares of common stock at any time before 2025. What is the conversion value of the bond?
Business
1 answer:
JulijaS [17]3 years ago
6 0

Answer: $825

Explanation:

Convertible bonds or debentures can be converted into stock in a company by the holders.

The Conversion Value of the bond is given by;

Conversion Value of the Bond = Stock Price * Conversion Ratio

Conversion Ratio = 25 shares for one debenture.

= 25/1

= 25

Conversion Value of the Bond = Stock Price * Conversion Ratio

= 33 * 25

= $825

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Answer:

It is not true.

Explanation:

The annual Statement that have to be submitted at the end of each financial year must contain the Financial Status of the company (the Assets and Liabilities, Expenses & Income, Debtors & Creditors) e.t.c.

The overview of the internal audit and the audit committee are special demands of the Board of Directors. The overview of the internal audit and the audit committee are usually demanded or accompany the yearly financial reports when there are suspicion of financial: misappropriations, mismanagement or graft.

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3 years ago
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On the grant date, January 1st, 2015, the stock was quoted on the stock exchange at $63 per share. The fair value of the options
Dafna11 [192]

Answer:

2015 $31,500

2016 $31,500

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Explanation:

Number of Options in total × Fair Value of the Stock per option

Where

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Fair Value of the Stock per option =15

Hence:

(63*100) ×$15

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3 years ago
Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact
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Answer:

COGS= $854,000

Explanation:

Giving the following information:

the cost of goods manufactured, $866,000

beginning finished goods inventory, $252,000

and ending finished goods inventory, $264,000

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COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 252,000 + 866,000 - 264,000= $854,000

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Answer:

Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.

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In the long run, when marginal cost is above average total cost, the average total cost curve exhibits
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The answer is B



Have a good day
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3 years ago
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