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Galina-37 [17]
2 years ago
12

Which of the following statements is false with respect to bonds? a. Firms issue bonds in very large single issues. b. The denom

ination of the bond is usually referred to as the face value. c. Bonds that are not backed by specific collateral of the issuing company are known as debenture bonds. d. Bonds must be held until maturity by the initial investor.
Business
1 answer:
Paladinen [302]2 years ago
6 0

Answer:  d. Bonds must be held until maturity by the initial investor.

Explanation: A bond is defined as a documentary obligation to pay a sum or to perform a contract; in other words a debenture, which is a type of debt instrument secured only by the general credit of promise to pay of the issuer, not involving physical assets or collateral, now commonly issued by governments, large, well established corporations with adequate credit ratings. Now while bonds are issued by firms in large single issues, the denomination of bonds are usually referred to as face value, bonds sometimes are not held to maturity as they can be sold basing on current interest rates and situational preferences at the capital market. Thus, option D is false with respect to bonds.

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A personnel manager is concerned about absenteeism. She decides to sample employee records to determine if absenteeism is distri
borishaifa [10]

Answer:

There are 5 degrees of freedom.

Explanation:

If we want to find the degree of freedom in a chi-square check, the sample size was ' n ' then the number of degrees of freedom to be used in measurements would be n-1.

For a sample size of N=6, measure the degrees of freedom. Subtract 1 (df=6-1=5) from 6. of freedom in chi- square test .

  • Degree of freedom = (N-1).
  • Degree of freedom = (6-1)
  • Degree of freedom = (5)

therefore, the value of df is 5.

3 0
2 years ago
Roberts Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $
taurus [48]

Answer:

The balance of Allowance for Uncollectible​ Accounts, after​ adjustment, will be $2,100.

Explanation:

Allowance for Uncollectible Accounts = Allowance for Uncollectible Accounts prior to adjustment + Current year's Allowance

Allowance for Uncollectible Accounts = $1,000 + $1,100

Allowance for Uncollectible Accounts = $2,100

So, The balance of Allowance for Uncollectible​ Accounts, after​ adjustment, will be $2,100.

3 0
3 years ago
If your company matches 75 cents on the dollar,and you contribute $200 a paycheck, how much will your employee match?
mihalych1998 [28]
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4 0
2 years ago
. Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into yo
Tems11 [23]
On pay day, the employer deposits your NET SALARY into your bank account.
Direct deposit program is a salary payment program in which an employer works together with the bank to deposit the employees salary directly into their accounts on the pay day of each month.
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3 years ago
"E3-26A Record manufacturing overhead (Learning Objectives 5 & 6) Refer to the data in Exercise 3-25A. Smith’s accountant fo
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Explanation:

Journal entries are used by Accountants to post transactions into the respective General Ledger of a business.

It typically shows a debit side which records increase to expenses or Assets, it also could be a reduction to Income or Liabilities (if it is an adjustment Journal). And it also shows a credit side which records an increase to Income or Liability, it could also be a reduction to expense or Asset (if it's an adjustment journal)

4 0
3 years ago
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