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Blababa [14]
4 years ago
13

Dalrymple Bay Coal Terminal, a coal-handling facility and export terminal in Queensland, Australia, has issued triple-A rated bo

nds for $680 million in Australian dollars. The bonds will be used to refinance existing bank debt caused by the acquisition of eases from the Queensland government in 2002. The Commonwealth Bank of Australia acted as investment bankers to the transaction. This means the Commonwealth Bank of Australia:
Business
1 answer:
kirza4 [7]4 years ago
7 0

Answer: B. Bought the bonds from Dalrymple and sold them to the public

Explanation:

Investment Banks help companies issuing new securities in diverse ways to ensure that they raise the capital they are looking for. Some of the ways they help include; underwriting securities and market research. The main way they help companies issuing new securities however, is underwriting.

With Underwriting, the Investment Bank usually buys all the securities on offer from the Issuing company, then sells them at higher price to make a profit. This helps the issuing company because they get to sell all or most of their securities so it reduces uncertainty.

The Commonwealth Bank of Australia therefore bought the bonds from Dalrymple and sold them to the public.

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If a country espouses the principles of capitalism, but does allow the government to pass legislation that regulates
Stels [109]

Answer:

modified capitalism.

Explanation:

Capitalism is defined as an economic and political structure where factors of production are controlled by private individuals aimed at gaining profit. The state does not have control of trade and industry.

However in modified capitalism the government has some level of control which they exercise by regulating business activities to some extent.

On the other hand in pure capitalism all decisions related to trade and industry are determined by only private entities

5 0
3 years ago
David, a payroll clerk, came up with an idea for processing payroll more efficiently and presented it to the Human Resources Dep
Alenkinab [10]

Answer:

This is very True

4 0
4 years ago
Slick's Used Cars sells pre-owned cars on the installment basis and carries its own notes because its customers typically cannot
taurus [48]

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All these methods will work

7 0
3 years ago
Which of the following is true of development? It does not consider changes in technology, work design, and new customers in its
frozen [14]

Answer:

Option D. It prepares employees for different positions and jobs that do not exist yet.

Explanation:

The reason is that employee development plan is to equip the existing employee with the skills that will result in increase in the employability and promotion. This will also result in increased motivation, efficiency gaining, better employee decision making, increased employability, promotions, etc. This is more in cards for employees than the employers. Thatswhy it is termed employee development programs.

3 0
3 years ago
Indicate the effect of each of the following transactions on total assets, total liabilities, and total stockholdersâ equity. Se
Scorpion4ik [409]

Answer:

Transaction                       Assets            Liabilities        Stockholders' Equity

Issue common stock           Increase               NE                      Increase

Issue preferred stock         Increase               NE                      Increase  Purchase treasury stock     Decrease             NE                       Decrease

Sale of treasury stock         Increase              NE                        Increase  Declare cash dividend            NE                   Increase                   NE

Pay cash dividend               Decrease            Decrease NE

100% stock dividend              NE                        NE                      NE

2-for-1 stock split                    NE                       NE                         NE

When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.

When cash dividends are declared, they become a liability that is owed to equity holders.

When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.

100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.

8 0
3 years ago
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