Answer:(A) This would be an extraordinary call.
Explanation:
Extraordinary call also known as extraordinary redemptions refers to redeeming the bonds issued but not used as per scheduled use; which means the bond that was used in a way that result into a nontaxable bond interest becoming taxable or when a project that was being financed experiences a disastrous situation in which the project can't continue as it was scheduled or get demolished like the project above in which part of the bridge collapsed. Extraordinary calls occur usually in municipal bonds in which the project financed is aimed at improving the community service but failed to live up to that.
An extraordinary redemption means the people who gave the bond to the company can redeem it based on the circumstances that have distrupted the project from the initial discussed schedule .
The answer would be Yes or True.
Answer:
The raw materials and money in hand are known as working capital
Explanation:
Answer:
was not a new energy source that was developed to power the new machinery
<u>Answer:
</u>
A reaction in which the reactants have more energy than the products is always an Endothermic reaction.
<u>Explanation:</u>
The word "exothermic" means "turning out".In endothemic reaction, less amount of energy is sufficient to break the bonds that exist between the reactants when compared to the amount of energy that is formed when new bonds are created.
The chemical energy that is stored within a product is nothing but its potential energy that can later be released. An example of an endothermic reaction is the burning of wood. when you burn wood, you can see that it releases energy in the form of heat and this warms up the surrounding environment.
