On january 1, 2018, madison products issued $40 million of 6%, 10-year convertible bonds at a net price of $40.8 million. madison recently issued similar, but nonconvertible, bonds at 99 (that is, 99% of face amount). the bonds pay interest on june 30 and december 31. each $1,000 bond is convertible into 30 shares of madison’s no par common stock. madison records interest by the straight-line method. on june 1, 2020, madison notified bondholders of its intent to call the bonds at face value plus a 1% call premium on july 1, 2020. by june 30 all bondholders had chosen to convert their bonds into shares as of the interest payment date. on june 30, madison paid the semiannual interest and issued the requisite number of shares for the bonds being converted. required: 1. & 2. prepare the journal entry for the issuance of the bonds by madison and interest payment for the june 30, 2018. 3. prepare the journal entries for the june 30, 2020, interest payment by madison and the conversion of the bonds (book value method).

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.