On December 31,2012,the Balance Sheet of the Gable Corporation Reported

question 60

Essay

On December 31,2012,the balance sheet of the Gable Corporation reported 1,000 bonds outstanding with a face value of $1,000,000 and a related unamortized discount of $70,000.The bonds are convertible at the rate of 25 shares of common stock for each $1,000 bond.On January 1,2013,the bondholders presented $800,000 of the bonds for conversion.The entry to record this conversion contained a credit to Additional Paid-in Capital for $344,000.Calculate the par value per share of the common stock.

Appreciate the complexity and variability of joint structures across different parts of the body.

Understand the key elements to include in the body of a routine request message.

Identify effective strategies for framing the closing of a routine request message.

Recognize the importance of stating the request upfront clearly and effectively.

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Definitions:

Burden of Proof

The obligation in a legal setting to prove one's assertion or the principle that the party asserting a claim bears the responsibility of proving its truth.

Convincing Evidence

Evidence that is robust and compelling enough to persuade an individual to accept its validity or truth.

Testable Prediction

A statement that can be verified through experimentation or observation, often forming the basis of a scientific hypothesis.

Independent Variables

In experimentation, a variable that is manipulated to determine if it causes a change in another variable.