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Issued 2500 shares of $10 par common stock at $11, receiving cash.? B. Issued $ 50000 of 10 year 10% bonds at a market (effective)
Issued 2500 shares of $10 par common stock at $11, receiving cash.?
B. Issued $ 50000 of 10 year 10% bonds at a market (effective) interest rate of 9%, with interest payable semiannually. (6 points) Use the Present Value Tables in Appendix A of text book. Round all calculations to the nearest dollar.?
C. Declared a dividend of $0.25 per share on common stock. On date of declaration, 8000 shares of common stock were outstanding.?
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