1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
barxatty [35]
1 year ago
9

The security that represents the residual ownership of a firm and has no priority in bankruptcy is called:________

Business
1 answer:
yawa3891 [41]1 year ago
4 0

The security that represents the residual ownership of a firm and has no priority in bankruptcy is called<u> a convertible bond</u>.

The correct option is A.

<h3>What is bankruptcy?</h3>

People or other entities who are unable to pay their creditors back can seek some or complete relief from their debts through the legal process known as bankruptcy. In most jurisdictions, bankruptcy is mandated by a court order, frequently on the debtor's initiative.

<h3>What is residual ownership?</h3>

The common stockholders are paid out last and only if all other claims have been fully satisfied. The common stockholder is therefore referred to as the company's residual owner.

<h3>What is convertible bond?</h3>

A convertible bond, convertible note, or convertible debt is a kind of bond that allows the holder to convert it into a predetermined number of shares of common stock in the firm issuing it, or cash equivalent to that amount. It is a hybrid security having traits similar to equity and debt.

To know more convertible bond visit:

brainly.com/question/23266690

#SPJ4

I understand that the question you are looking for is:

The security that represents the residual ownership of a firm and has no priority in bankruptcy is called:

A. a convertible bond.

B. senior debt.

C. common stock.

D. preferred stock.

E. retained earnings.

You might be interested in
Why is it important to research a school’s curriculum before deciding whether to go there?
My name is Ann [436]
The answer for this question would be option A. It is important to research a school’s curriculum before deciding whether to go there in order to see <span>if it offers programs that fit your career goals. The curriculum serves as your guide on the programs that you are taking. Hope this answers your question. Have a great day.
</span>
5 0
3 years ago
Identify and discuss the “needs” of a society.
sweet [91]

A traditional list of immediate "basic needs" is food (including water), shelter and clothing. Many modern lists emphasize the minimum level of consumption of 'basic needs' of not just food, water, clothing and shelter, but also sanitation, education, and healthcare.

7 0
3 years ago
The development costs were incurred after technological and commercial feasibility was established and after the future economic
Anarel [89]

Complete Question:

Pribuss Engineering prepares its financial statements according to International Financial Reporting Standards. During 2018, the company incurred the following costs related to a new product design:

Research for New Design $2.4M

DVMPT of New Product $1.3M

Patent Filing Fees $52K

The development costs were incurred after technological and commercial feasibility was established and after the future economic benefits were deemed probable. The project was successfully completed and the new product was patented before the end of the 2018 fiscal year. What amount should Pribuss expense in its 2018 income statement related to the above expenditures?

Answer:

The Research expenses of $2.4M that are written as expense in the Income statement and the Development costs of $1.3M and patent legal fees of $53k are capitalized.

Explanation:

The reason is that the International Standard IAS 38 Intangible Assets says that the expenditure incurred on the research that hasn't entered development phase must be written as expense in the year and the expenditure incurred on the development phase of the research outcomes must be capitalized to the extent it is ready for use. In this case $1.3M is clearly a development cost and patent legal fees of $53k is the expenditure that will prepare the asset and making it ready for use, so it must also be capitalized.

8 0
3 years ago
When you are in a conflict with another person, it is important to remember:
Galina-37 [17]
C. that you also helped create the conflict
6 0
3 years ago
In studies of seed production, why is it important to assign plots of land to either the control group or treatment group at ran
yulyashka [42]
The answer to this question is:  <span>d. it decreases the likelihood that plots that receive a particular treatment share other characteristics that might influence seed production
It is almost impossible to find out exact nutrition composition that exist within a soil. (which will play a huge factor in seed productin). So, to make the data more reliable, it is important to randomly assign plots of land as either the control group or the group that receive special treatment and grow the seed separately.</span>
7 0
3 years ago
Other questions:
  • A doctor who charges his patient for a more expensive procedure than the one performed and then justifies it by saying "i didn't
    15·1 answer
  • Which one of these statements about the service portfolio is correct?
    11·1 answer
  • In the sentence "Although the book was more than 50 years old, it still contained helpful information," the word Although is a(n
    15·1 answer
  • Samuel has $20 and wants to buy a notebook. He buys the first one he finds, costing him $6. Evaluate Samuel's financial literacy
    7·1 answer
  • The _______ or shop owner initiates the repair order.        A. service manager   B. customer   C. foreman   D. service consulta
    7·2 answers
  • not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
    10·1 answer
  • Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤
    9·1 answer
  • What is a step a bank can take to protect itself from loan defaults which can lead to recessions?
    9·1 answer
  • You are evaluating your current portfolio of investments to determine those that are not performing to your expectations. You ha
    14·1 answer
  • The following is an example in which the proposed method is applied to a fixed asset with an original cost of $248,000, an estim
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!