A-A+
When a bondholder converts a convertible bond
问题详情
When a bondholder converts a convertible bond, the effects on the corporation’s subsequent financial statements will include a:
A. An increase in tax expense and an increase to the debt-to-equity ratio.
B. An increase in tax expense and a decrease to the debt-to-equity ratio.
C. A decrease in tax expense and an increase to the debt-to-equity ratio.