Answer: $245
Supplies expense = Supplies purchased during the period - Ending balance of supplies on hand
= 370-125
= $ 245
Entitlement to discounts on the share price is the main reason for investors being attracted to convertible debt.
Explanation:
The shareholders who bought the shares in the earlier period will get the advantage of possessing a discount towards share price. The company shall pay more premiums in the future period when the business earns the windfall gain.
It can also link the concept of conversion cap process which shoots the price of by fixing the maximum ceiling. The face value of the a share will get automatic appreciation when the country experiences economic development. The convertible debt scheme will protect the interest of shareholders even though the company faces a poor source of financial sources.
This statement is false.
When an entrepreneur buys into a franchise they will always have franchise fees, even after their intial investment is paid for. The additional fees that they always pay include charges for things like marketing and royalties. These fees are normally based on a percentage of a business’s sales.
