Answer:
Explanation:
The journal entry is shown below:
Bonds payable A/c Dr $60,000
Premium on bonds payable A/c Dr $10,000
To Common stock A/c $45,000
To Paid in capital in excess of par A/c $25,000
(Being the conversion of bonds is recorded)
The computation is shown below:
For bonds payable
= sixty $1,000 convertible bonds
That means
= 60 × $1,000
= $60,000
For Premium on bonds payable:
= $70,000 - $60,000
= $10,000
For Common stock:
= 9,000 shares × $5
= $45,000
And, the remaining balance is credited to paid in capital in excess of par
Answer:
A. The MD curve would shift out wards
B. Supply of money is unchanged, with nominal interest rate going up
C. Fed would increase money supply
Explanation:
The accompanying graphs for each answer has been provided in these attachments.
A.
The money demand curve is going to shift outwards or to the right. This is because more money is going to be demanded by people for transaction purposes.
From the graph, we see that money demand increases from MDo to MD1 during Christmas period
B.
If no action is taken by the fed, the supply of money is going to be unchanged while the nominal interest rate would go up.
C.
During this period, the fed would increase supply of money so that the increased need to shop by people can be accommodated without having the interest rate go up.
From the, nominal Interest rate does not change due to the fed policy. Supply of money shifts outward.
Answer: potential of avoidance of risk
Explanation: In the given case, Fred need to show to the court that the foreseeable risk could be avoided or reduced on the part of company. Fred can point that no instructions or warnings were given by the company on the use of the shredder.
Thus, if Fred manages to prove that he got injured due to carelessness ogf the company then he can definitely succeed.
If the merge happens, shareholders of both companies will have a stake in the new one.
Merger announcements will specify what percentage of the combined company each group of shareholders will own based on the deal's terms. Shareholders whose shares are not exchanged will find their control of the larger company diluted by the issuance of new shares to the other company's shareholders.
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Answer: B. Half of all the rural land
Explanation: