Answer:
a. A Ba1 corporate bond <u>2 (not investment grade)</u>
b. A ten-year BBB- corporate bond with a YTM of 7% <u>3 (medium risk but still investment grade)</u>
c. A secured loan from Argosy Gaming, which is a B- rated firm <u>4 (less risky since it is backed by a collateral)</u>
d. A senior subordinated bond from Argosy Gaming <u>1 (highest risk)</u>
Explanation:
There are two major bond rating agencies in the US: Moody's and Standard & Poor's.
Their rankings are very similar, although the letters vary a little:
AAA: safest
AA: low risk
A: low risk
BBB: medium risk
BB: a little bit more riskier
B: risky
CCC: very high risk
CC: even riskier
C: riskiest
D: junk, in default
Answer:
Difference between traditional costing method and activity based costing method is mentioned as follows:-
- Traditional costing method is the technique in which products are implemented with indirect cost according to overhead rate whereas activity based costing relatively assign cost to product according to their activity in consumption.
- Traditional costing has easy implementation at low cost but activity based costing is costly and complex.
- Accuracy of traditional costing is low as compared with activity based costing
Hi there
The answer is
C. an asset is debited, and a liability is credited.
Good luck
Please give the statements in order to answer the question, thank you.
Explanation:
1. Identify a safe place or safe friend: Have a contact of a friend who can help you out to "get rid of that place". You can also have a code word to communicate that you are in danger.
2. Keep an alternate number for you: Buy a new number for you without knowing to the troublesome person to call and inform about the situation during danger.
3. Documents ready: Keep all the documents ready to safe guard yourself and your finance.
4. Memorize the contact numbers: Memorize the contact numbers family or friends who supports you.
