Xyz corporation issued $4,000,000 of 9%, ten-year convertible bonds on july 1, 2014 at 99 plus accrued interest. the bonds were dated april 1, 2014 with interest payable april 1 and october 1. bond discount is amortized semiannually on a straight-line basis. on april 1, 2015, $800,000 of these bonds were converted into 500 shares of $20 par value common stock. accrued interest was paid in cash at the time of conversion. what was the effective interest rate on the bonds when they were issued?
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Business, 22.06.2019 19:00, williamsvilletiles
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
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Business, 22.06.2019 19:00, nativebabydoll35
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
Business, 22.06.2019 20:10, keem8224
Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%
Answers: 2
Xyz corporation issued $4,000,000 of 9%, ten-year convertible bonds on july 1, 2014 at 99 plus accru...
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