Entries by mary WAMBUGU

In August, 2018 a worker was injured in the factory in an accident partially the result of his own negligence. The worker has sued Wesley Co. for $800,000.

August 30, 2019 in /by

a. In August, 2018 a worker was injured in the factory in an accident partially the result of his own negligence. The worker has sued Wesley Co. for $800,000. Counsel believes it is reasonably possible that the outcome of the suit will be unfavorable and that the settlement would cost the company from $250,000 to $500,000. […]

 

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On July 1, 2018, Williams Co. issued 1,200 of its 7%, $1,000 bonds at 98 plus accrued interest. The bonds are dated April 1, 2018 and mature on April 1, 2028

August 30, 2019 in /by

On July 1, 2018, Williams Co. issued 1,200 of its 7%, $1,000 bonds at 98 plus accrued interest. The bonds are dated April 1, 2018 and mature on April 1, 2028. Interest is payable semiannually on April 1 and October 1. What amount did Williams receive from the bond issuance?   Looking for a Similar […]

 

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Weighted average shares outstanding. On January 1, 2018, Patrick Corporation had 1,100,000 shares of common stock outstanding.

August 30, 2019 in /by

Weighted average shares outstanding.On January 1, 2018, Patrick Corporation had 1,100,000 shares of common stock outstanding. On March 1, the corporation issued 175,000 new shares to raise additional capital. On July 1, the corporation declared and issued a 2-for-1 stock split. On October 1, the corporation purchased on the market 600,000 of its own outstanding […]

 

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Determine the price of a $300,000 bond issue under each of the following three independent assumptions:

August 30, 2019 in /by

Determine the price of a $300,000 bond issue under each of the following three independent assumptions:   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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