A corporation issues $100,000,000 of 10% convertible debentures, convertible at $50. Upon issuance, which of the following are affected?
I Total Assets
II Total Liabilities
III Net Working Capital
IV Stockholders' Equity
Answer: I, II, and III
Analysis MCQ
Fundamental Analysis
A corporation issues $100,000,000 of 10% convertible debentures, convertible at $50. Upon issuance, which of the following are affected?