Case D: Miller Bikes is a national chain of upscale bicycle shops. The company has followed a successful strategy of locating near major universities. Miller has the opportunity to expand into several new markets but must raise additional capital. The company has engaged in the following transactions: Issued 45,000 additional shares of common stock. The stock has a $1 par value. The shares sold for $25 per share. Issued bonds. These bonds have a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually. When the bonds were issued, the annual market rate of interest was 8 percent. Required: 1. Record the sale of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 2. Record the issuance of the stock. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No A 8 C Transaction 1a 1b 02 Cash Cash Bonds payable Bonds payable Premium on bonds payable Cash Answer is not complete. General Journal Common stock Additional paid-in capital 000 O 00 *** Debit 1,135,903 1,135,903 1,125,000 Credit 1,000,000 O 135,903 45,000 1,000,000

Temptation Food Products Ltd is an established processed foods company specialising in latest packaged and branded foods. The following particulars about its capital structure and other parameters are given to you. 1138 6896 -131 Jasoor Paid up equity share capital(shares of Rs. 10 each) Free Reserves of the company 6% Convertible Preference Shares (Rs. 100 each convertible into two equity shares in the next 2 years) Total Long Term Debt in the company Retained Earnings (excluding current year) Current Year PAT Proposed dividend Trading P/E Amount Rs. 350,000,000 6,800,000,000 850,000,000 6,000,000,000 Rs. 780,000,000 Rs. 225,000,000 From the above given facts of the case, answer the following questions. 2096 431 52 boll What is the networth of the company considering preference capital and current year retained earnings as Ppart of it? Pras

Case D: Miller Bikes is a national chain of upscale bicycle shops. The company has followed a successful strategy of locating near major universities. Miller has the opportunity to expand into several new markets but must raise additional capital. The company has engaged in the following transactions: Issued 45, 600 additional shares of common stock. The stock has a $1 par value. The shares sold for $25 per share. Issued bonds. These bonds have a face value of $ 1,060,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually. When the bonds were issued, the annual market rate of interest was 8 percent. Required: Record the sale of the bonds. Record the issuance of the stock

An online medical advice company just completed an IPO with an investment bank on a firm- commitment basis. The firm issued five million shares of common stock, and the underwriting fees were $2.20 per share. The offering price was $27.60 per share. (a) Your answer is correct. What were the total proceeds from the common-stock sale? Total proceeds $ 138.000,000 eTextbook and Media Attempts: 2 of 3 used (b) How much money did the company receive? Net proceeds to firm $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above.