My question is when convertible bonds and bonds with detachable warrants are sold how much equity, if any should be recorded. Cite relevant GAAP
cnimey26
Jun 5, 2009, 07:20 PM
I'm not sure if I'm thinking right on this or not. That convertible bonds do not have to be recorded as equity because of SFAS 150. And that bonds with detabable warrants are treated as equity.