Ch16: On July 1, 2019, an interest payment date, 60, 000 of Parks Co, bonds were converted into 1, 200 ordinary shares of Parks Co. each having a par value of 45 and a fair value of 54. There is 2, 400 unamortized discount on the bonds. Parks would record a. no change in share premium.O b. a 7, 200 increase in share premium. c. a 4,800 increase in share premium. d. a 3,600 increase in share premium.

Ch16: On July 1, 2019, an interest payment date, 60, 000 of Parks Co, bonds were converted into 1, 200 ordinary shares of Parks Co. each having a par value of 45 and a fair value of 54. There is 2, 400 unamortized discount on the bonds. Parks would record a. no change in share premium.O b. a 7, 200 increase in share premium. c. a 4,800 increase in share premium. d. a 3,600 increase in share premium.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Wrong Answer
Assume a world that meets all assumptions of the portfolio theory. In this world we solely trade in securities A and B like depicted in the graph below. Short selling is allowed. xA and XB indicate the proportions of security A and B within a portfolio respectively. P1, P2, P3 and P4 represent portfolios that can be created by trading (either long and/or short) in securhies A and B. P3 is the portfolio with the lowest risk; the risk of P3 is 0%. The risk of security A and B is measured by the standard deviation of the returns in the particular security and equals 20% for both. The correlation coefficient of the returns between A and B is -1. 40% P1 E(R) A 30% P2 20% P3 10% P4 ++ 30% 0% 10% 20% 40% O(R) Question: Indicate which statements are correct. Take into account that everything is possible, from all correct to all wrong.
What are the problems caused by lack of integration? Expalin.
Using a service often results in possession and ownership. Select one: O a. True. X b. False.
Your solution is wrong see the answers at bottom of the question
did not fully awnser question
help please, the answers I put are not correct
What is the CAPM? What does it tell you?
hrl.3 answer must be in proper format or i will give down vote
It says they answers are wrong from your example.