Helps and defends.......................
Answer:
a)
Cash debit : $150000
Debit discount on BP : $65000
Credit BP : $185000
Credit Paid-in Capital- Stock Warrants : $30000
b)
Cash debit : $150000
Debit discount on BP : $35000
Credit BP : $185000
Explanation:
Given that:
Issuance price = $150000, value of bonds without warrants = $126400, value of warrants = $31600,
Face value = $185000
a)
value assigned to bonds= [value of bonds without warrants/(value of bonds without warrants + value of warrants)] * issue price = [126400/(126400 + 31600)] * 1500000 = 126400 / 158000 * 150000 = $120000
value assigned to warrants = [value of warrants/(value of bonds without warrants+value of warrants)] * issue price = 31600 / (126400 + 31600) * 150000 = 31600 / 158000 * 150000 = $30000
Cash debit = Issuance price = $150000
Debit discount on BP = Face value - value assigned to bonds = $185000 - $120000 = $65000
Credit BP = face value = $185000
Credit Paid-in Capital- Stock Warrants = value assigned to warrants = $30000
b)
Cash debit = Issuance price = $150000
Debit discount on BP = Face value - issuance price = $185000 - $150000 = $35000
Credit BP = face value = $185000
Answer:
Ethics
Explanation:
Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.
Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.
If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.
The answer is d. strategy
This is true.................
