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Bei The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The value of the bonds without the warrants is $40,000
Bei The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The value of the bonds without the warrants is $40,000 and the value of the warrants is a total of $10,000. The bonds with the warrants sold for $55,000. The journal entry to record the sale will include: Select one O a. A debit to Discount on Bonds Payable for $6,000 O b. A debit to Discount on Bonds Payable for $10,000 O c. A credit to Premium on Bonds Payable for $5,000 O d. A credit to Paid-in-Capital Stock Warrants for $10,000 O e. A credit to Paid-in-Capital Stock Warrants for $5,000 Which formula is TRUE? Select one: O a Unissued Share less Treasury Shares Issued Shares O b. Unissued Share less Treasury Shares - Shares Outstanding O c Treasury Stock plus Outstanding Shares - Issued Shares O d. Authorized Shares less Treasury Shares - Issued Shares Case Corporation issues $100,000, 10%, five-year bonds at 104. The total interest expense over the life of the bonds is: Select one: O a. $56,000 O b. $44,000 O c. $46,000 O d. $50,000 O e $54,000 Given Date 1/1 31 1 9/1 11/1 Share Change Beginning balance of 200 shares Purchased 60 shares A2-for. stock split is announced, resulting in the issuance of 140 shares Issued 150 additional shares for cash Purchased 12 shares For EPS, the weighted average number of shares is Select one O a. 387 O b. 273 O c. 398 O d. 348 O e. 383 What is the most likely effect of a stock dividend on the par value per share and the number of shares outstanding, respectively? Select one: O a. Decrease, Increase O b. Decrease, No Effect O c. No Effect. Increase O d. Increase, Increase O e. No Effect. No Effect
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