Answer:
Face Value of Bonds = $100000
Unamortized Premium = $2000
Conversion of Equity Shares = 2000 * $20 = $40,000
Paid in Capital in Excess of Par = $100000 + $2000 - $40000 = $62000
Journal Entries
Account Title & Explanation Debit Credit
Bond Payable Account $100000
Unamortized Premium $2000
Common Stock $40000
Paid in Capital in Excess of par $62000
(To record conversion of Bonds)
Answer:
The answer is: A) Declare the law constitutional because Milton's actions substantially affect interstate commerce.
Explanation:
The Commerce Clause, Article I, Section 8, Clause 3 of the Constitution of the United States:
[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.
Congress can enact laws that regulate interstate commerce, and this law is an example of one of them. It doesn't matter if Milton's action only affect commerce in a very small way, the law is still constitutional.
Answer:
2.3925
Explanation:
The computation of the Mexican pesos is shown below:
= (1 British pound × 1 U.S. dollar) ÷ 1 British pound for the Danish krone
= (1.65 × 10.875 ÷ 7.5)
= 2.3925 Mexican pesos
Simply we multiplied the 1 British pound with the 1 US dollar and then divide it by the 1 British pound for Danish krone so that the correct spot currency can come
Answer:
Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?
show the sales revenue first
Explanation:
The sales revenue shown reflects the income accrued during the cause of sales and this comes first during income statement preparation
When a firm sees average costs start to increase as production increases, this is known as diseconomies of scale.
What Are Diseconomies of Scale?
When a corporation or business expands to the point where the costs per unit rise, this is known as a diseconomy of scale. It happens when a firm's use of economies of scale is no longer viable. According to this theory, when output increases, a firm experiences an increase in costs rather than continuing to see reducing expenses and rising output.
What causes diseconomies scale?
Diseconomies of scale can be the result of several things, including poor management and employee communication, a lack of drive, a lack of coordination, and a loss of concentration.
How do you manage diseconomies of scale?
Businesses may divide themselves into more controllable parts in an effort to alleviate scale-related inequities. A huge multinational, for instance, might be divided up into regional geographic areas, with local managers being rewarded for maximizing efficiency.
Learn more about diseconomies of scale: brainly.com/question/27960803
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