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Tema [17]
3 years ago
14

Lang Co. issued bonds with detachable common stock warrants. Only the warrants had a known market value. The sum of the fair val

ue of the warrants and the face amount of the bonds exceeds the cash proceeds. This excess is reported as
Business
1 answer:
12345 [234]3 years ago
6 0

Answer: discount on bonds payable

Explanation:

Based on the information given, since the sum of the fair value of the warrants and the face amount of the bonds exceeds the cash proceeds, then the excess will be reported as the discount on bonds payable.

The discount on the bonds payable occurs in a scenario whereby the bonds are issued for a lesser amount than their face or their maturity amount.

The reason for this is when the bonds have a stated interest rate that is smaller than market interest rate for similar bonds.

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Indentify the recommended actions for success in informational interviews
andrezito [222]

Answer:

The recommended actions for success in informational interviews are;

1. Dress neatly and arrive on time

2. Let him/her talk about himself briefly

3. Ask elaborate questions about the career

Explanation:

An informational interview can be defined as a brief conversation with a pioneer in a professional career that you consider pursuing. They can be considered as a short summary of what that particular profession entails and how to succeed in that particular field. Informational interviews are form a very integral part of a networking plan, especially if you want to consider those specific careers. The following actions can be taken towards a successful informational interview;

1. Dress neatly and arrive on time

This gives the impression that you take the interview seriously and that you are responsible. Always remember first impressions matter

2. Create a personal relationship

Most people are always excited about talking about themselves especially if they know that someone else thinks that their career choice is interesting. This gives the interviewee a kind of personal space to talk about their personal choices. This helps relieve tension and makes him/her open up more which creates a personal relationship.

3. Ask elaborate questions about the career

This is the point where one needs to ask challenging questions that has been thoroughly researched so that you sound interested and committed towards the career path. The interviewee will feel respected.

3 0
4 years ago
Indicate whether each of the following cash activities would be reported on the statement of cash flows as (a) an operating acti
Tasya [4]

Answer:

Given list of cash activities is divided among operating activities, financing activities and investing activities in the explanation section.

Explanation:

  1. Paid for Advertising                Operating Activity  
  2. Paid for Office Equipment         Investing Activity
  3. Issued Capital Stock                 Financing Activity
  4. Paid officers salaries                 Operating Activity
  5. Sold services                                 Operating Activity
  6. Paid rent :                                       Operating Activity
  7. Paid dividends:                       Financing Activity
  8. Issued a note payable:                 Financing Activity
  9. Paid rent:                                  Operating Activity
  10. Sold excess office equipment: Investing Activity

Operating Activities include cash generated from operations, Interest Paid and Tax Paid.

Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.

Financing Activities include proceeds from issue of shares, proceeds from long term borrowings, dividends paid etc.

4 0
3 years ago
You can buy a television for $349 cash or pay $75 down and the balance in 18 monthly payments of $22.50. What is the installment
noname [10]
349 (cash price)
If payment option
18x22.50=405 (balance) +75(down payment )= 480
A difference of 131
27.292% difference
5 0
3 years ago
Money markets trade securities that: _______________
Dmitriy789 [7]
The answer is d because d
5 0
3 years ago
Read 2 more answers
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $785. The
jarptica [38.1K]

Answer:

Actual Yiel to maturity is 9.3%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 4% = $40

Selling price = P = $785

Number of payment = n = 5 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( $1,000 - $785 ) / 5 ] / [ ( 1,000 + $785 ) / 2 ]

Yield to maturity = [ $40 + $43 ] / $892.5  = $83 /$892.5 = 0.0645 = 0.093%

3 0
3 years ago
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