47. Specialty stores use a wide variety of products in one product category as their key competitive tool.

Bramble Corp. has $3960000 of 9% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value

natta225 [31]

Answer: Credit of $217480 to Paid-in Capital in Excess of Par

Explanation:

The following information is given in the question as:

Debit: Bonds payable = $1,250,000

Debit: Premium on bonds payable = $92480

Credit: Common stock = $1,125,000

Credit: Paid in capital in excess of Par = $217480

The above were calculated as:

Common stock = ($1250,000/$1,000) × 30 × 30

= $1250 × 90

= $1,125,000

% Conversion will be:

= $1,250,000 / $3960000 = 0.32

Unamortized bond premium will then be:

= 0.32 × $289,000

= $92,480

Paid in capital in excess of par will be:

= $1,250,000 + $92,480- $1,125,000

= $217,480

Therefore, the answer will be to

"Credit of $217480 to Paid-in Capital in Excess of Par"

4 0

2 years ago

Public awareness is the best preventive measures of-----------------

Svetradugi [14.3K]

Answer:

Any sorts of violenece or any illegal acts on human or their rights and freedom..

6 0

2 years ago

A negative externality or spillover cost occurs when Multiple Choice the price of a good exceeds the marginal cost of producing

Mekhanik [1.2K]

A negative externality or spillover cost occurs when the total cost of producing a good exceeds the costs borne by the producer.

Spillover costs, commonly referred to as "negative externalities," are losses or harm that a market transaction results in for a third party. Even though they were not involved in making the initial decision, the third party ultimately pays for the transaction in some way, according to Fundamental Finance.
An incident in one country can have a knock-on effect on the economy of another, frequently one that is more dependent on it, known as the spillover effect.
Externalities are the names for these advantages and costs of spillover. When a cost spills over, it has a negative externality. When a benefit multiplies, a positive externality happens. Therefore, externalities happen when a transaction's costs or benefits are shared by parties other than the producer or the consumer.

Thus this is the answer.

To learn more about spillover cost, refer: brainly.com/question/2966591

#SPJ4

6 0

2 years ago

A transaction between two parties who agree to trade money for a product or service is referred to as _____ exchange.

zimovet [89]

The answer to this question is: Voluntary exchange
In economy, voluntary exchange refers to the trade of resources between two parties that based on their own will.
This type of exchange usually could only happen because both parties feel that they will be advantaged from the exchange

3 0

2 years ago

Ambiance Inc. buys back 3,000 shares of its $10 par value common stock from investors at $45 per share. This stock repurchase wo

Vikentia [17]

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8 0

3 years ago