On Jan. 1,2015, Scarlet issued $200 million of 5% convertible bonds due in 20 years...
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On Jan. Scarlet issued $ million of convertible bonds due in years at Each $ bonds included warrants. Each warrant permitted the holder to buy one share of no par common stock at $ at a future date. Violet Corporation purchased of these bonds also receiving the associated warrants The warrants were immediately listed on the stock exchange at $ per warrant. How many warrants were issued in total? On Dec. Violet still held all of their initially purchased warrants and exercised all of them purchasing stock. What journal entry does Scarlet record at this time?
On Jan. Scarlet issued $ million of convertible bonds due in years at Each $ bonds included warrants. Each warrant permitted the holder to buy one share of no par common stock at $ at a future date. Violet Corporation purchased of these bonds also receiving the associated warrants The warrants were immediately listed on the stock exchange at $ per warrant.
How many warrants were issued in total?
On Dec. Violet still held all of their initially purchased warrants and exercised all of them purchasing stock. What journal entry does Scarlet record at this time?
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