Answer:
$953
Explanation:
According IFRS the equity and Liability portion of a bond should be recorded separately at the time of bond Issuance. The Liability portion can be calculated current value of the similar non convertible bonds and the difference between the Present value of cash flows and total proceeds from bond is the equity value.
Convertible Bond are value at the present value of their cash flows.
Use following formula to calculate the value of the bond.
Value of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Value of the Bond = ($1,000 x 6%) x [ ( 1 - ( 1 + 6.5% )^-15 ) / 6.5% ] + [ $1,000 / ( 1 + 6.5% )^15 ]
Value of the Bond = $952.99
Answer:
The answer here would be B.
Hope this helps!
Answer:
The answer to this question is, it depends on the motive for the dissolution.
Explanation:
Partnerships can be very rewarding. Yet they are the most unstable of all the legal personalities which can be created for the purpose of for-profit operations or not-for-profit operations.
The dissolution of a partnership can happen for any of the following reasons:
- Bankruptcy
- Change in business practices
- Death
- Partner negligence
- Poor cash flow and
- Retirement
If a person maliciously deploys any of the scenarios as an excuse to dissolve the partnership, then it becomes unethical. This, of course is difficult to prove. A very unethical case would be to dissolve a partnership a partnership, make away with business secrets to start another. If this is discovered and can be proven, the aggrieved party may seek redress in the law court.
Cheers
Answer: Standing Plan.
Explanation:
Lee, as described in the question has prepared a standing plan to tackle expenditures at his firm. A standing plan is a plan which serves as a point of reference when the need arises for decisions to be made in areas related to the plan, this ensures the activities of a company runs smoothly.
