A convertible debenture is convertible into common at $40 per share. If the market price of the bond rises to a 5 point premium over par, which statements are TRUE

Answers

Answer 1

Answer:

II The conversion ratio is 25:1

Explanation:

the options were missing:

I The conversion ratio is 20:1

II The conversion ratio is 25:1

III The parity price of the stock is $44

IV The parity price of the stock is $50

the conversion ratio gives us the total number of stocks that can be converted. In this case, the conversion ratio = 25, since $1,000 (par value) / $40 per stock = 25 stocks

Since the bond's price increases by 5%, it will be $1,050 / 25  stocks = $42, so the stock's price parity = $42


Related Questions

You are a professor of economics at a university.​ you've been offered the position of serving as department​ head, which comes with an annual salary that is ​$8 comma 5008,500 higher than your current salary.​ however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your​ family, which has value of ​$2020 per hour.

Answers

Answer:

$4500

Explanation:

We can calculate the total change in benefits by deducting the opportunity cost of spending the hours with your family by the annual salary.

Opportunity cost = $20/hour x 200 Additional hours

Opportunity cost = $4000

Total change in benefit = Annual salary - Opportunity cost

Total change in benefit  = $8500 - $4000

Total change in benefit  = $4500

If a fishing boat owner brings 10,000 fish to market and the market price is $7 per fish, she will have $70,000 in total revenue. If the average variable cost of 10,000 fish is $4 and the fixed cost of the boat is $20,000, what is her profit

Answers

Answer:

$10,000

Explanation:

Given that

Total revenue is $70,000

Total fixed cost is $40,000

And, the total variable cost is $10,000

According to the given situation, the computation of profit is shown below:-

Profit = Total Revenue - Total Fixed cost - Total variable cost

= $70,000 - (10,000 × $4) - 10,000

= $70,000 - 40,000 - 10,000

= $10,000

Therefore for computing the profit we simply applied the above formula.

N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is:

Answers

Answer:

$1,250

Explanation:

Before N starts to receive any disability payment, a 30 day elimination period must pass. He/she will start receiving disability payments starting the second month and they will last until his temporal disability is over:

covered time = 3.5 months - 1 month = 2.5 months x $500 per month = $1,250 total disability payments

N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is $1,250.

Covered time = 3.5 months - 1 month = 2.5 months

Total disability payments = 2.5 months x $500 per month = $1,250

After the 30-day Elimination period has been satisfied, the total benefit paid on this claim is $1,250.

Disability insurance, also referred to as DI, disability income insurance, or income protection, is a type of coverage that protects the beneficiary's earned income against the possibility that a disability will make it difficult for them to perform essential job duties.

Learn more about Disability, here;

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Real estate that is advertised with a financing option that requires only a 5% down payment with no further detail is likely a violation of

Answers

Answer: Regulation Z

Explanation:

Regulation Z is meant to protect customers by requiring that those in the lending industry avoid practices that are misleading to consumers such that the true cost of financing is hidden thus leading the consumer to believe that the cost of financing is lower than it actually is.

The real estate that was advertised with financing option that requires only a 5% down payment is most likely hiding other costs inveigled in the transaction in order to lure customers in after which they will reveal the true cost and the customer will have to pay and this is what Regulation Z aims to counter.

Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Cost of goods sold was

Answers

Answer:

The Cost of Goods Sold or COGS for the period was $85000

Explanation:

The cost of goods sold is the value or cost of inventory that has been sold off during the period. The Cost of Goods Sold of COGS can be calculated as follows,

COGS = Opening Inventory  +  Purchases  -  Closing Inventory

COGS = 50000  +  75000  -  40000

COGS = $85000

So, the Cost of Goods Sold or COGS for the period was $85000

Enumerate two disadvantages of division of labor.​

Answers

Answer:

1. Lack of Responsibility:A worker performs only a part of the total Job

2. Monotony in work:A worker has to do the same small task repeatedly

Cost behavior ______. categorizes costs as fixed, mixed and variable is a detailed analysis technique used to determine whether costs are fixed or variable refers to how a cost will change as activity level changes is the relative proportion of each type of cost in an organization

Answers

Answer:

The correct option is;

Refers to how a cost will change as activity level changes

Explanation:

Cost behavior is defined as the specification of the manner in which cost will vary in total in response to a change in the activity of some other factors. There are three types of cost behavior as outlined in cost accounting and managerial accounting branches of accounting including;

1) Fixed cost; The fixed cost remains the same relative to the changes in activity

2) Variable cost; The variable cost varies with an increase or decrease proportionately with the level of activity

3) Semivariable or mixed cost; Mixed cost are partially fixed cost such as the cost of gaining maintenance of a power generating plant including the purchase of fuel.

The cost behavior refers to how a cost will change with change in the activity level. So, the correct option that matches with the statement quoted above is C.

Cost behavior refers to how the different types of cost are affected by a even a gradual change in the activities like production, distribution, manufacturing, etc.

Cost behavior do not affect the fixed costs of an organization as they are relative in nature and do not have much impact on the scales of operation of a business.

The variable costs of an organization are affected when direct change is seen in the business activities like production, distribution and manufacturing, etc. These costs are subjective in nature.

Mixed costs refer to as a fusion of of variable costs that are dependent on fixed costs that have an impact with a change in scales of operation of the business.

Hence, the correct option is C that the Cost behavior refers to how a cost will change with a change in the activity levels of the organization in a positive or a negative way.

To know more about Cost behavior, refer to the link below.

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A type of business that deals in both goods and services is
Teacher
Soft Drinks
Barber
Restaurant

Answers

Answer:

Restaurant

Explanation:

Answer is restaurant as it provides both goods and services

For the past 60 years, _____ have been applied to structured tasks such as record keeping, simple clerical operations, and inventory control.

Answers

Answer:

Transaction - processing systems

Explanation:

For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.

For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.

As I was at that time but eighteen years of age, I know not whether I should call my behaviour, in this dangerous juncture, courage or folly.

–Letter to Cornelius Tacitus,
Pliny the Younger

What makes this statement an opinion?

It gives the writer’s exact age.
It can be proven to be true.
It expresses the writer’s personal feelings.
It provides evidence to support the idea.

Answers

Answer:

The Answer Is C

Explanation:

The FIFO method assumes that units sold are the _________ units acquired and that units remaining in ending inventory are the ________ units purchased.

Answers

Answer:

first, last

Explanation:

The FIFO represents the First in first out method in which the inventory that is recently purchased is sold first and the rest of the inventory that is shown in the ending inventory determines this inventory are the last units purchased. This method is helpful for the inventory valuation

Therefore in the given case, the given answers are first and last

Which of the following marketing fundamentals applies solely to the hospitality and tourism industry? A.interdependence of organizations B.sequential steps in marketing C.key role of marketing research D.continuous nature of marketing

Answers

Answer:

key role of marketing research

Answer:

interdependence of organizations

Explanation:

Edge 2021 :)

How are command group in menu tabs

Answers

Answer:

Typically, related commands are clustered together on the same menu or toolbar. Menus typically are displayed as one-word strings clustered in a row at the top of the integrated development environment (IDE) or a tool window.

Explanation:

In the context of the developmental stages of groups, which of the following stages is characterized by intragroup conflict, heightened emotional levels, and status differentiation?

a. norming
b. storming
c. forming
d. performing

Answers

Answer: b. storming

Explanation:

The Storming stage of group development is the stage where the roles of individuals become clearer in the group. They will start to see and understand how each team member works to meet targets and this is where conflict usually begins because team members might find their methods superior to the other.

This can then lead to heighten emotional levels and intragroup conflict making this the stage where most groups are most likely to fail.  

The argument took place between-----​

Answers

Answer:

?

Explanation:

selecting a job based on your skills and interst is inportent because on average a person with a full time job works approximately _____ hours each year

Answers

Answer:

Selecting a job based on your skills and interest is important because on average a person with a full time job works approximately 2000 hours each year.

I believe this was C. on edge

Explanation:

Just took test on edgenuity

The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.

Answers

Answer:

diminishing marginal utility.

Explanation:

The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility.

Net fixed assets: Book value: $2,500, Market value: $3,000 Net working capital: $700 Current accounts liquidated: $1,500 ABC Corporation has $900 in long-term debt. What is the book value of equity?

Answers

Answer:

$2,300

Explanation:

The book value is $2,500

The market value is $3,000

The net working capital is $700

The current account that was liquidated is $1,500

The long term debt of ABC corporation is $900

Book value of equity = book value of assets - book value of liabilities

The first step is to calculate the book value of assets

= net working capital + net fixed assets

= $700 + $2500

= $3,200

The book value of liabilities can be calculated as follows

= long term debt which is $900

Therefore the book value of equity can be calculated as follows

= $3,200 - $900

= $2,300

Hence the book value of equity is $2,300

What is the usual response when a caller disconnects before full information can be gathered and the dispatcher cannot reconnect by calling the caller back

Answers

Answer:

dispatch a police unit to check on the caller.

Explanation:

In such a scenario the usual response would be to dispatch a police unit to check on the caller. This is because many times individual may be in serious danger and cannot remain on the call, and not for a lack of trying. Such a scenario may be that the individual is having a heart attack, or is loosing a lot of blood and passes out, or even the individual is in a hostile situation and simply cannot talk. By sending the dispatcher they can quickly check to make sure the individual that called is fine and act accordingly if they are not.

Target, a discount store has successfully partnered with luxury brands such as Lilly Pulitzer, Toms, and Altuzarra to create interest and drive customers to its stores. Target's ability to create these partnerships is considered one of its strengths and provides an advantage over its competitors. This is an example of a _______. a.core competency b.market opportunity c.strategic window dpetitive advanta

Answers

Answer:

a.core competency.

Explanation:

Core competency can be defined as the set of skills, experience and technical know-how, which an organization possesses and distinguishes them from their competitors (rivals) in the same industry. Basically, measuring the core competence of an organization is beyond its financial assets or physical value. Core competency of an organization is rather the defining capabilities and resources which gives it a competitive advantage over its rivals in the same industry.

Hence, the combination of firm-specific and valuable resources and firm-specific productivity allows a company to possess a core competency. A company that possesses core competence are characterized by;

1. They are not so easy to imitate or not imitable by their rivals in the industry.

2. They have a very large market capital share and as such are able to diversify.

3. A core competent company should be able to provide significant satisfaction or benefits to the consumers of its products..

Why does a price floor lead to surpluses?  Why does a price ceiling lead to shortages?  ​

Answers

Answer:

Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.

Your pretty much short in supply and cant fulfill the demand

While surplus

When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.

Theirs a a large amount of supply due to the pricing most likely beign high

Explanation:

On October 1, Arcelia Corp. pays $24,000 for two years of rent. The transaction is appropriately recorded in a prepaid rent account. On December 31, of the same year Arcelia should make an adjusting entry for the rent expired, which includes (Select all that apply.)

Answers

Answer:

Arcelia should make an adjusting entry for the rent expired, which includes,

Rent Expense $3,000 (debit)

Prepaid Rent $3,000 (credit)

Explanation:

When Arcelia Corp makes payment for rent the entries are as follows :

Prepaid Rent $24,000 (debit)

Cash $24,000 (credit)

By the end of the Financial year, the 3 months rent out of 2 years rent (24 months) will have expired and the entries are as follows :

Rent Expense $3,000 (debit)

Prepaid Rent $3,000 (credit)

Rent Expenses = 3/24 × $24,000

                         = $3,000

The marketing department wants to buy two new computers. One computer will be used for their graphic artist to create graphics and videos for the Web, and a second one for the secretary to keep track of billing and hours. What would you advise the department to purchase?

Answers

Answer:

Explanation:

While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .

As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.

However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task

Buyers and sellers receive information about what should be bought and what should be produced A. from friends and family. B. from prices in a market system. C. by listening to TV news programs. D. from newspaper gossip columns.

Answers

Answer:

B, from prices in a market system

Explanation:

A market system can be defined as a combination of buyers, sellers and other parties that come together to patronise a product or service.

Buyers and sellers alike can decide what to buy and what not to buy through the prices of goods and services in the market system.

For a seller, if the price of a product is quite costly from the manufacturer, it tells whether the seller would purchase it or not. Likewise, if a buyer approaches a seller for any goods or services, the price of the goods or services determines whether or not the buyer will purchase from the seller.

Cheers

One way newspapers are classified is by structures of advertising agencies. type of advertisers. frequency of delivery. subscription rates. closing date.

Answers

Answer:

One way newspapers are classified is by:

frequency of delivery.

Explanation:

Newspapers are classified into morning and evening dailies, weeklies, etc.  Some newspapers are delivered only in the morning while others are delivered in the evening.  Others may be delivered weekly, bi-monthly, monthly, etc.  These frequencies of delivery determine the classification of the newspaper.  A newspaper that is delivered daily is known as a daily newspaper while the other delivered weekly is called a weekly newspaper, and so on.

Entrepreneurs are valuable to economies because they:
O A. rely on labor instead of the other factors of production.
B. make sure that economies treat all citizens equally.
O C. make decisions without considering their own wants or needs.
O D. create new ideas for fulfilling societies' wants and needs.

Answers

Answer:

D. create new ideas for fulfilling societies' wants and needs.

#FreeMelvin

When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a(n) ______ violation.

a. willful
b. serious
c. de minimis
d. failure to abate

Answers

Answer:

a. willful

Explanation:

The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.

When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a willful violation.

Wilfrid laurier university bookstore conducts annual surveys of its customers. using xlstat answer

Answers

Please find attached full question  and answer

Answer and Explanation:

The data is nominal data and so to represent it graphically, we used the pie chart. We have based our pie chart drawing on data assumed since we couldn't find data for the question. The data used here is still same type of data needed for the pie chart graphical representation and would merely bring a change of numerical value therefore affecting the pie chart in this regard only. We have done a rough hand estimate of the pie chart and what it would look like if drawn conveniently by hand with a protractor and compass, noting all the angles accurately(convert percentage to degrees, each percentage divided by 100 multiplied by 360) or using Excel software

The term _______________ refers to a firm operating in a perfectly competitive market that must take the prevailing market price for its product. *

Answers

Answer:

price taker

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Firms in a perfect competition are price takers. This means that they must accept the prevailing market price.

If a firm decides to set price above market price, it would lose all customers as customers would buy from firms that sell at the market price.

If a firm sells below market price, the firm would incur losses.

Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted one of those offers, the corresponding broker would be the only one to earn a commission. What type of listing does this describe

Answers

Answer: open listing

Explanation:

Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.

In this situation, the agent who eventually brings the person who purchases the property will collects the commission assigned to the property.

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