To recruit new executive and professional, company should mainly depend on____

When bonds are converted into common stock____.

nexus9112 [7]

Answer:

When bonds are converted into common stock____.

a. the market price of the stock and the bonds is ignored when recording the conversion.

Explanation:

This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on. Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.

4 0

3 years ago

Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease

babymother [125]

Answer and Explanation:

Lease Cash Effective Decrease in Outstanding

Payment Payment Interest Balance Balance

$ 34,600

1 $ 8,000 $ 3,460* $ 4,540** $ 26,600

2 $ 8,000 $ 2,660 $ 5,340 $ 21,260

3 $ 8,000 $ 2,126 $ 5,874 $ 15,386

4 $ 8,000 $ 1,539 $ 6,461 $ 8,925

5 $ 8,000 $ 893 $ 7,108 $ 1,818***

6 $ 2,000 $ 182 $ 1,818 $ -

*34600 x 10%

**8000-4540

***8000-7108

Interest rate = interest on second lease payment/outstanding balance after 1st payment x 100

Interest rate = 2660/26600 x 100

Interest rate = 10%

5 0

3 years ago

Barbara buys the same market basket each week and spends $60 on it. This week Barbara brought $60 to the store but could not buy

Arisa [49]

Answer:

there was inflation

Explanation:

Inflation may be defined as the rise in the price or the increase in the cost of a product or commodities in the market. It is when you pay more price for the same commodity that you have bought it in a less price earlier.

When there is inflation, the price of goods in the market increases.

In the context, Barbara usually buys the same market basket every week at a price of $ 60. But this week she could not buy the market basket even though she had $ 60 with her. This is because the price of the market basket increased this week due to inflation and now cost more than $60. So Barbara could not buy the market basket.

4 0

3 years ago

$400,000, and his personal bank account has a balance of $1,200. Identify the principle or assumption that best matches the si

zimovet [89]

Answer:

a. Michael's personal assets are not recorded on the company's balance sheet:

Explanation:

the question in incomplete, so I looked it up:

Michael McNamee is the proprietor of a property management company, Apartment Exchange, near the campus of Penscola State College. The business has cash of $8,000 and furniture that cost $9,000 and has a market value of $13,000. The business debts include accounts payable of $6,000. Michael's personal home is valued at $400,000, and his personal bank account has a balance of $1,200. Identify the principle or assumption that best matches the situation:

In accounting, the economic entity principle states that a company's financial records are separate and distinct from the financial records of its owners. Even though Michael is the owner of company, his personal assets should not be included in the company's financial statements.

8 0

3 years ago

In selling 300 acres of rural land to organic farms, peyton tells the buyer that the land "will be worth twice as much by next y

kompoz [17]

Peyton is engaging in a sales strategy in which he would likely tell of the buyer that the land will increase twice as much in the following year if it has not been brought in which this strategy will be able to lure the buyer into thinking of whether he or she will buy the land or not.

7 0

3 years ago

To recruit new executive and professional, company should mainly depend on_____ *