Answer:
true
Explanation:
Junk bonds can be defined as the bonds that require a higher default risk than most corporate and government issued bonds. A bond is indeed a debt or promise to pay interest payments to investors in return for purchasing the bond and the return of the invested principal.
Junk bonds depict debt issued by financially struggling companies with a significant risk to defaulting or failing to pay even their own monthly payments or reimbursing the principal to lenders. Thus, from the above we can conclude that the given statement is true.
Answer:
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Answer:
the three important economic questions are
1 - What are goods and services?
2-How should these goods and services be produced?
3-Who consumes these goods and services?
Budgeted direct materials quantity
4000 pounds
Actual direct materials quantity
4500 pounds
Direct materials quantity variance
4500-4000=500 pounds ( underapplied)