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Business, 23.06.2019 17:30
On january 1, 2018, gless textiles issued $12 million of 9%, 10-year convertible bonds at 101. the bonds pay interest on june 30 and december 31. each $1,000 bond is convertible into 40 shares of gless’s no par common stock. bonds that are similar in all respects, except that they are nonconvertible, currently are selling at 99 (that is, 99% of face amount). century services purchased 10% of the issue as an investment. on january 1, 2018, gless textiles issued $12 million of 9%, 10-year convertible bonds at 101. the bonds pay interest on june 30 and december 31. each $1,000 bond is convertible into 40 shares of gless’s no par common stock. bonds that are similar in all respects, except that they are nonconvertible, currently are selling at 99 (that is, 99% of face amount). century services purchased 10% of the issue as an investment. 3. on july 1, 2023, when gless’s common stock had a market price of $33 per share, century converted the bonds it held. prepare the journal entries by both gless and century for the conversion of the bonds (book value method).
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Business, 23.06.2019 20:30
After teaching a group of nursing students about the different systems of measurement, the instructor determines that the teaching was successful when the group identifies which as units of the metric system? select all that apply.
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Business, 23.06.2019 20:30
In germany, wal-mart has been required to buy existing retailers rather than open brand-new stores. what does this illustrate
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Business, 24.06.2019 02:00
•hospitals and other health care institutions, whether voluntary or for-profit, need to be financially solvent to survive growing market pressures. describe how this "bottom line" focus has changed the nature of the us health care system.
Answers: 2
The taylor rule specifies how policymakers should set the federal funds rate target. suppose that u....
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