explain how the issuance of a convertible bond can be a very attractive means of rai 638750

A rental agency collects rent in advance. Why is the rent collected treated as a liability?

A bond carries a stated rate of interest of 6% and par of $1,000. It matures in 20 years. It is sold at 83 (83% of $1,000, or $830).

a. Under normal conditions, why would the bond sell at less than par?

b. How would the discount be disclosed on the statements?

To be conservative, how should noncontrolling interest on the balance sheet be handled for primary analysis?

Many assets are presented at historical cost. Why does this accounting principle cause difficulties in financial statement analysis?

Explain how the issuance of a convertible bond can be a very attractive means of raising common equity funds.