Answer:
$100,000
Explanation:
The computation of the amount of cash paid for the purchase of equipment is shown below:
= Ending balance of an equipment + book value of the equipment - beginning balance of an equipment
= $420,000 + $20,000 - $340,000
= $440,000 - $340,000
= $100,000
We simply applied the above formula so that the amount of cash paid for the purchase of the equipment could come
First if all remember that the flexible policy was created as an strategy to calls for a reaction <span>that can be easily modified to respond to war circumstances. This means the government is giving more power to the arms race because this strategy is not only limited to enhance nuclear arms but any weapon. Of course that budget is not going to be used for many other rograms as agriculture or health which are also important. </span>
Answer:
An Index is used to identify references, key words or paragraphs, abstracts so also articles from different sources.
Answer:
c) Provide potential benefits to both the issuer and the investor.
Explanation:
Convertible Bonds are Bonds that can be converted to Common Stocks at the the option of the investor or the issuer.
They represents the potential voting rights to the investor if they are converted to Common Stocks. This means the investor can take part in decision making of the company.
They also presents benefits to the issuer in that it reduces the financial risk of defaulting interest payments. This is good for the gearing ratio as well and can attract more investors.