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Healthcare Providers Ltd. issued $7,500,000 of 7.0 percent, 15-year convertible bonds payable on July 1, 2020, at a price of 08.5. Each $1,000 face amount

Healthcare Providers Ltd. issued $7,500,000 of 7.0 percent, 15-year convertible bonds payable on July 1, 2020, at a price of 08.5. Each $1,000 face amount of bonds is convertible into 80 common shares. On December 31, 2021, b exercised their right to convert the bonds into common shares Required 1. What would cause the bondholders to convert their bonds into common shares? 2. Without making journal entries, compute the carrying amount of the bonds payable at December 31, 2001. Healthcare Providers Lid uses the straight dine method to amortize a bond premium or daunt on an annual basis 3. All amortization has been recorded property. Joumalize the conversion transaction at December 31, 2021. 4 How many common shares were received by the bondholders? Requirement 1. What would cause the bondholders to convert their bonds into common shares? It would be beneficial to convert if the bonds are callable at a price the trading value, or the shares have in price Healthcare Providers Lid issued $7,500,000 of 7.0 percent, 15-year convertible bonds payable on July 1, 2020, at a price of 08.5. Each $1,000 face amount of bonds is convertible into 90 common shares. On December 31, 2021, exercised their right to convert the bonds into common shares. Required 1. What would cause the bondholders to convert their bonds into common shares? 2. Without making journal entries, compute the carrying amount of the bonds payable at December 31, 2021. Healthcare Providers Lid uses the straight-line method to amortize a bond premium or discount on an annual basis All amortization has been recorded property. Journalize the conversion transaction at December 31, 2021. How many common shares were received by the bondholders? 3. 4. Requirement 1. What would cause the bondholders to convert their bonds into common shares? would be beneficial to convert if the bonds are callable at a price the trading value, or the shares have inprice above equal to

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