($ in millions) | ($ in millions) | |
1) | Debit | Credit |
Convertible Bonds – 2005 issue | ||
Cash(98% x $300 million) | $296.00 | |
Discount on bonds (difference) | $4.00 | |
Convertible bonds payable (face amount) | $300.00 | |
Bonds With Warrants – 2009 issue | ||
Cash(108% x $69million) | $74.52 | |
Discount on bonds payable (difference) | $1.48 | |
Convertible bonds payable (face amount) | $69.00 | |
Equity – stock warrants (given) | $7.00 | |
2) | ||
Convertible bonds payable (90% x $300 million) | $270.00 | |
Discount on bonds payable (90%x $4 million) | $3.60 | |
Common stock (to balance) | $266.40 | |
Convertible bonds payable (10% x $300 million x ) | $30.00 | |
Loss on early extinguishment (to balance) | $2.10 | |
Discount on bonds payable (10%x $4 million) | $0.30 | |
Cash (106% x $300 M x 10%) | $31.80 | |
3) | ||
Convertible bonds payable (90% x $300 million) | $270.00 | |
Conversion expense (90% x 300,000 bonds x $140) | $37.80 | |
Discount on bonds payable (90%x $4 million) | $3.60 | |
Common stock (to balance) | $266.40 | |
Cash (90% x 300,000 bonds x $140) | $37.80 | |
4) | ||
Convertible bonds payable (90% x $300 million) | $270.00 | |
Conversion expense (90% x [300,000 x (35 – 30) shares] x $32) | $43.20 | |
Discount on bonds payable (90%x $4 million) | $3.60 | |
Common stock (to balance) | $309.60 | |
5) | ||
Cash(40% x 69,000 x 30 warrants x $25) | $20.70 | |
Equity – stock warrants (40% x $7 million) | $2.80 | |
Common stock(to balance) | $23.50 | |
Check my w Bradley-Link's December 31, 2018, balance sheet included the following items: s in mil...
Bradley-Link's December 31, 2018, balance sheet included the following items: ($ in millions) $196 Long-Term Liabilities 9.0% convertible bonds, callable at 103 beginning in 2019, due 2022 (net of unamortized discount of $4) (note 8] 11.0% registered bonds callable at 106 beginning in 2028, due 2832 (net of unamortized discount of $2) (note 8] Shareholders' Equity Equity-stock warrants points eBook Print Note 8: Bonds (in part) The 9.0% bonds were issued in 2005 at 97.5 to yield 10%. Interest is...
Bradley-Link's December 31, 2018, balance sheet included the following items: ($ in millions) $296 Long-Term Liabilities 10.01 convertible bonds, callable at 102 beginning in 2019, due 2022 (net of unamortized discount of $4) (note 8] 11.01 registered bonds callable at 104 beginning in 2028, due 2032 (net of unamortized discount of $2) (note 8] Shareholders' Equity Equity stock warrants Note 8: Bonds (in part) The 100% bonds were issued in 2005 at 98 0 to yield 10%. Interest is paid...
Here is all the information for this question.. Bradley-Link's December 31, 2018, balance sheet included the following items: ($ in millions) Long-Term Liabilities 9.6% convertible bonds, callable at 101 beginning in 2019, due 2022 (net of unamortized discount of $2) [note 8] 10.4% registered bonds callable at 104 beginning in 2028, due 2032 (net of unamortized discount of $1) [note 8] Shareholders' Equity Equity-stock warrants Note 8: Bonds (in part) The 9.6% bonds were issued in 2005 at 97.5 to...
Bradley-Link’s December 31, 2018, balance sheet included the following items: Long-Term Liabilities ($ in millions) 10.0% convertible bonds, callable at 102 beginning in 2019, due 2022 (net of unamortized discount of $4) [note 8] $296 11.0% registered bonds callable at 104 beginning in 2028, due 2032 (net of unamortized discount of $2) [note 8] 50 Shareholders’ Equity 5 Equity—stock warrants Note 8: Bonds (in part) The 10.0% bonds were issued in 2005 at 98.0 to yield 10%. Interest is paid...
Bradley-Link’s December 31, 2018, balance sheet included the following items: Long-Term Liabilities ($ in millions) 9.0% convertible bonds, callable at 103 beginning in 2019, due 2022 (net of unamortized discount of $2) [note 8] $148 11.0% registered bonds callable at 106 beginning in 2028, due 2032 (net of unamortized discount of $1) [note 8] 69 Shareholders’ Equity 5 Equity—stock warrants Note 8: Bonds (in part) The 9.0% bonds were issued in 2005 at 98.0 to yield 10%. Interest is paid...
Bradley-Link’s December 31, 2018, balance sheet included the following items: Long-Term Liabilities ($ in millions) 10.0% convertible bonds, callable at 105 beginning in 2019, due 2022 (net of unamortized discount of $4) [note 8] $296 11.0% registered bonds callable at 108 beginning in 2028, due 2032 (net of unamortized discount of $2) [note 8] 67 Shareholders’ Equity 7 Equity—stock warrants Note 8: Bonds (in part) The 10.0% bonds were issued in 2005 at 98.0 to yield 10%. Interest is paid...
Bradley-Link's December 31, 2021, balance sheet included the following items: ($ in millions) $147 Long-Term Liabilities 9.0% convertible bonds, callable at 103 beginning in 2022, due 2025 (net of unamortized discount of $3) [note 8] 9.8% registered bonds callable at 106 beginning in 2031, due 2035 (net of unamortized discount of $1) [note 8] Shareholders' Equity Equity-stock warrants Note 8: Bonds (in part) The 9.0% bonds were issued in 2008 at 96.0 to yield 10%. Interest is paid semiannually on...
See all photos + Add to Bradley-Link's December 31, 2021, balance sheet included the following items: ($ in Long-Tere Liabilities millions) 9.ex convertible bonds, callable at 103 beginning in 2022, due 2025 (net of unmortized discount of $3) [note ] 9. registered bonds callable at 106 beginning in 2031, due 2035 (net of namortized discount of $1) (note 8] Shareholders' Equity Equity-stock warrants STAFF 5.92 Note 8: Bonds (in part) The 9.0% bonds were issued in 2008 at 96.0 to...
Bradley-Link's December 31, 2021, balance sheet included the following items: ($ in millions) Long-Term Liabilities 9.0% convertible bonds, callable at 103 beginning in 2022, due 2025 (net of unamortized discount of $5) [note 8] 9.8% registered bonds callable at 106 beginning in $195 2031, due 2035 (net of unamortized discount of $2) [note 8 Shareholders' Equity 6 Equity-stock warrants LE Note 8: Bonds (in part) The 9.0% bonds were issued in 2008 at 96.0 to yield 10%. Interest is paid...
Bradley-Link's December 31, 2021, balance sheet included the following items: ($ in millions) $196 Long-Term Liabilities 11.08 convertible bonds, callable at 101 beginning in 2022, due 2025 (net of unamortized discount of $4) [note 8) 11.8% registered bonds callable at 104 beginning in 2031, due 2035 (net of unamortized discount of $1) [note 8] Shareholders' Equity Equity-stock warrants Note 8: Bonds (in part) The 11.0% bonds were issued in 2008 at 97.0 to yield 10%. Interest is paid semiannually on...