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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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