Executrain Has 50,000, 7%, Bonds Outstanding for the Second Half

question 79

Multiple Choice

Executrain has 50,000, 7%, bonds outstanding for the second half of the year. Each $1,000 bond, sold July 1 at par, is convertible into 10 shares of common stock. The corporate tax rate is 40%. What is the incremental income per common share from the convertible bonds?

• A) $7.00
• B) $2.10
• C) $6.00
• D) $4.20

Describe the historical and philosophical views on children's nature and development.

Explain the principles of operant and classical conditioning in the context of child development.

Understand the significance of emotions in Freud's theory and how it influences future developmental theories.

Identify stages of development as proposed by Freud, Erikson, and Piaget, and understand their implications for behavior and learning.

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