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QUESTION 10 Maximus Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ. MacCorp w 17.500 manat
QUESTION 10 Maximus Corporation is a regional company which is an SEC registrant. The corporation's securities are thinly traded on NASDAQ. MacCorp w 17.500 manat $625 par. 1296 subordinated debenture and 13 shares of S6 par common stock. The units were sold out to forca 51.100 unit. Po this the women stock was S50 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the per val of the bonds is equal to the fair value (a) Prepare the journal entry to record Maximus's transaction, using the proportional method For the toolbar, pro ALTF10 (PC) O ALTFN.F10 Mac) B / V S Paragraph Ariol 10pt HE A T. ? ? ??? x x STT TTC ? BB 999
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