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erma4kov [3.2K]
3 years ago
15

A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in

if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issues restrictive covenants. • The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called . • A bond’s gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. What is the coupon interest rate of this bond?
Business
1 answer:
mihalych1998 [28]3 years ago
5 0

Explanation:

1. A bond's face or maturity value is generally $1,000 and represents the amount borrowed from the bond's first purchaser.

2. A bond issuer is said to be in default if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants.

3. A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a singing fund provision.

4. A bond's call provision gives the issuer the right to call, or redeem, a bond at specific time and under specific conditions.

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Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.The
astra-53 [7]

Answer:

The various costs associated with the Gala Company could be classified into the following:

a. <u>Direct Material Cost</u>

Memory boards and chips used in assembling computers.

b. <u>Direct Labour Cost</u>

Production superintendents’ salaries.

Salaries for assembly-line quality control inspectors.

Wages of workers assembling laptop computers.

c. <u>Manufacturing Overhead</u>

Sales commissions paid to sell laptop computers.

Electrical components used in assembling computers.

Soldering materials used on factory assembly lines.

d. <u>Period Cost</u>

Property taxes on the factory building.

Depreciation on the factory equipment.

Salaries for the night security guards for the factory building.

Explanation:

8 0
3 years ago
a customer of juice store returned merchandise with a cost of $25 and a selling price of $40. juice store gave the customer a ca
otez555 [7]

The journal entry to record the cash refund to the customer includes a debit to Sales Returns and Allowances and a credit to Cash for $40.

An item is returned to the seller by a customer or client as a sales return.

  • Refund policies are customizable by businesses. There are other options, such as allowing free returns within a set time limit, imposing a restocking cost, or only allowing returns with a receipt. A shop credit or exchange may be available from some businesses. Accountants can enter these transactions in a sales returns account after confirming a return complies with a company's policy.
  • An allowance is a reserve set aside in anticipation of costs that will arise at a later time. By creating a reserve, a cost that would have otherwise been recognized in a later period is instead recognized sooner, into the present period.

Learn more about Sales return, here

brainly.com/question/15563704

#SPJ4

5 0
1 year ago
Foreign education loans interest subsidies by government for low income families in andhra pradesh.
Kryger [21]

Answer:

True

Explanation:

Government  of  Andhra  Pradesh  have  made  substantial  investments  through  providing  Post-Matric  Scholarships  to  SC  students  on  a  Saturation  basis.  This  laudable initiative over the years has encouraged a large number of SC students to complete professional Courses and other Graduate Courses.

Students whose family income is less than Rs.2.00 lakhs per annum from all sources are eligible. Total income from all sources of the employed candidates  or  his/her  parents/guardians,  shall  not  exceed Rs.2.00  lakhs  per  annum. (Two hundred thousand rupees per annum)

Countries Eligible for Foreign Studies under this scheme

USA, UK, Australia, Canada, and Singapore.

8 0
3 years ago
. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribu
zzz [600]

Answer and Explanation:

The preparation of the contribution margin income statement for the year is presented below:

Sales (45,000 units × $16 per unit) $720,000

Less: variable cost (45,000 units × $180,000 ÷ 30,000 units) -$270,000

Contribution margin $450,000

Less: fixed cost -$300,000

Net operating income $150,000

3 0
3 years ago
What must profit-seeking entrepreneurs do in order to be successful?
Nostrana [21]
To put it simply, they have to develop a product that make people want to pay to acquire it.

Sellable product usually either :
- able to make people happy ( such as movies, music, Delicious food, etc) or
- Able to make people's life become easier ( such as Gadgets, consultation service, etc)

8 0
3 years ago
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