1. XYZ Co. has outstanding $200,000 par value Convertible Bonds. The bonds were originally issued at a $10,000 Premium. All the bonds were converted into 6,000 shares of $20 par value Common Stock. At the time of conversion, the unamortized Premium is $4,500. The market value of the bonds is $190,000, and the stock is quoted on the market at $50 per share. Prepare a journal entry to record the conversion assuming XYZ Co. uses the Book Value method.
Answers: 3
Business, 21.06.2019 14:20, pr47723
It is week 1 and there are currently 20 as in stock. we need 300 as at the start of week 5. if there are scheduled receipts planned for week 3 and week 4 of 120 as each and a has a lead time of 1 week, when and how large of an order should be placed to meet the requirement of 300 as?
Answers: 3
Business, 21.06.2019 15:00, mariahgriego4126
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Business, 22.06.2019 05:50, mandy9386
Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
Answers: 2
Business, 22.06.2019 08:30, adambbogard1589
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
1. XYZ Co. has outstanding $200,000 par value Convertible Bonds. The bonds were originally issued at...
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