Use the Following Information for Questions

question 42

Multiple Choice

Use the following information for questions.
On May 1, 2017, Durban Ltd.issued $500,000, 10 year, 7% bonds at 103.Twenty detachable warrants were attached to each $1,000 bond, which entitled the holder to purchase one of Durban's no par value common shares for $40.At this time, similar bonds without warrants were selling at 96.It was determined that the fair value of Durban's common shares was $35, but the value of the warrants was NOT determinable.Durban is a private corporation that follows ASPE, but does NOT use the residual method.
-On May 1, 2017, Durban should credit Bonds Payable for

• A)$515,000.
• B)$500,000.
• C)$480,000.
• D)cannot be determined from the information given.

Recognize sources of contamination in the operating room and measures to prevent it.

Know the steps of proper handwashing and the use of antimicrobial agents to reduce microorganism count on skin.

Apply the principles of effective surgical team management and communication.

Understand the process and significance of using safety checklists in the operating room.

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Definitions:

Contribution Margin

The amount of revenue from sales that exceeds variable costs, indicating the contribution of sales to fixed costs and profit.