n December 31, 2011 Balance Sheet, what is the carrying amount of Bonds payable? b. What is the fair value for warrants?
n December 31, 2011 Balance Sheet, what is the carrying amount of Bonds payable? b. What is the fair value for warrants?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On December 31, 2011, Fort Co issued 5,000 of its 8%, 10-year P1,000 face
Immediately after issuance, the market value of the bonds without the warrants was 5,400,000.
a. In December 31, 2011
b. What is the fair value for warrants?
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