ACC422 Certification Exam Questions And CORRECT Answers
what are the two categories of hybrid instruments we discussed? convertible bonds and bonds with warrants Why issue a hybrid instrument? It increases capital and lowers interest rates what is an example of company that we talked about in class that uses hybrid instruments a lot Tesla Under US GAAP from POV1 and chapter 15, how do companies issue convertible bonds? at issuance US companies issue convertible bonds as straight debt when do you recognize equity in convertible bonds? at conversion: debit bonds payable
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