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A corporation issues $100,000,000 of 10% convertible debentures, convertible at $50. Upon issuance, which of the following are affected? I Total Assets II Total Liabilities
A corporation issues $100,000,000 of 10% convertible debentures, convertible at $50. Upon issuance, which of the following are affected?
I | Total Assets | |
II | Total Liabilities | |
III | Net Working Capital | |
IV | Stockholders' Equity |
A I and II
B I, II, III
C II, III, IV
D I, II, III, IV
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