Determine which products would be dropped on the basis of CFO’s new policy along with computations.

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Chapter 9, Problem 31E

a.

To determine

Determine which products would be dropped on the basis of CFO’s new policy along with computations.

b.

To determine

Determine the estimated margin for desks in year 2.

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Buffalo Inc. issued $4,200,000 of convertible 5-year bonds on July 1, 2025. The bonds provide for 6% interest payable semiannually on January 1 and July 1. The discount in connection with the issue was $102,000, which is being amortized monthly on a straight-line basis. The bonds are convertible after one year into 15 shares of Buffalo Inc's $1 par value common stock for each $1,000 of bonds. On October 1, 2026, $504,000 of bonds were turned in for conversion into common stock. Interest has been accrued monthly and paid as due. At the time of conversion, any accrued interest on bonds being converted is paid in cash. Prepare the journal entries to record the conversion, amortization, and interest in connection with the bonds as of the following dates.

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https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Flectures.mhhe.com%2Fconnect%2Frichardson_iba_1e_1265454345%2Fdata_files%2Fch2%2FIBA_Lab2-4_Alt_Data.xlsx&wdOrigin=BROWSELINK make a pivot table and pivot chart to assess the sum of raw materials quantity purchased by year. make a slicer to interactively filter the pivot chart by state from which the products were ordered. Adjust the pivot chart to show horizontal bar