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Mama L [17]
3 years ago
10

Complete the following sentence as it

Business
1 answer:
stira [4]3 years ago
4 0
B. secrecy; communication
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A customer bought a $1,000 par convertible subordinated debenture at par, convertible into common at $32 per share. If the bond'
Pachacha [2.7K]

Answer:

correct option is b. $36

Explanation:

given data

bought = $1,000 par convertible

convertible into common = $32 per share

bond market price increases = 12.5%

solution

we know that conversion ratio is fixed when the convertible security are issued and it does not change

we have bond is issued with a conversion price = $32

so as per each bond converting conversion ratio will be

conversion ratio =  \frac{1000}{32} = 31.25 : 1

so by every bond which is converted , then receives  = 31.25 share

so now bond price will be = $1125

parity price of the stock will as = \frac{1125}{31.25}

parity price of the stock  = $36

correct option is b. $36

5 0
3 years ago
Predetermined Overhead Rate, Overhead Variances, Journal Entries Craig Company uses a predetermined overhead rate to assign over
Ipatiy [6.2K]

Answer:

Very Good Answer.. By study this Indian great Pilot...

7 0
3 years ago
Property rights are
Vlad1618 [11]

Property rights are: b. The right that individuals or firms have to buy or sell their property, and the exclusive use of their property

These properties can either be owned by the government, an organization or an individual. The right to property has four properties or rights:

Good’s usage

Make money from the goods

Sell the good to others

Property rights administration

7 0
3 years ago
Which of the following statements is correct?
GREYUIT [131]

Answer:

The answer is: A) All items that are included in M1 are included also in M2.

Explanation:

I guess this question is about money supply.

The money supply is the total amount of money available in an economy. It includes:

  • M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
  • M2 includes M1 plus short term bank deposits and 24 hour money market funds.
  • M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.

8 0
3 years ago
The Herman Company uses a joint process to produce products W, X, Y and Z. Each product may be sold at its split-off point or pr
Gala2k [10]

Answer:

<em>W:</em> positive contribution of 6,000

<em>Z:</em>  positive contribution of 1,000

<em>X:</em> negative of 1,000

<em>Y:</em> negative of 6,500

Explanation:

value at the end- value at split off  = value added for processing:

value added - addtional cost = advantage/disadvantage of processing

W (22,500- 7,500) - 9,000  = 15,000 - 9,000 = 6,000

X (20,000 - 13,5000) - 7,500 = 6,500 - 7,500 = (1,000)

Y (15,000 - 9,000) - 12,500 = 6,000 - 12,500 = (6,500)

Z (12,500 - 6,500) - 5,500 = 6,000 - 5,500 = 1,000

7 0
3 years ago
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