subject
Business, 23.11.2019 01:31 John7Gilbert

Lake norman corporation offered detachable 5-year warrants to buy one share of common stock (par value $5) at $20 (at a time when the stock was selling for $32). the price paid for 2,000, $1,000 bonds with the warrants attached was $205,000. the market price of the lake norman bonds without the warrants was $180,000, and the market price of the warrants without the bonds was $20,000. what amount should be allocated to the warrants?
a.$24,000
b.$20,000
c.$20,500
d.$25,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:20
Why should you not sign the tenant landlord agreement quickly and immediately
Answers: 1
question
Business, 22.06.2019 02:20
Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.
Answers: 2
question
Business, 22.06.2019 02:30
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
question
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
You know the right answer?
Lake norman corporation offered detachable 5-year warrants to buy one share of common stock (par val...
Questions
question
English, 13.09.2020 06:01
question
Chemistry, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
History, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
English, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Social Studies, 13.09.2020 06:01
question
Mathematics, 13.09.2020 06:01
question
Chemistry, 13.09.2020 06:01
Questions on the website: 13722360