Answer:
B) The coupon rate could be less than, equal to, or greater than 6%, depending on the specific terms set, but in the real world the convertible feature would probably cause the coupon rate to be less than 6%.
Explanation:
Amram Inc. is issuing two bonds, one is not convertible and the other one is convertible and callable. Regardless of the coupon rate that they plan to set, convertible and callable bonds will usually (almost always) have a coupon rate that is lower than non-convertible or non-callable bonds.
Convertible bonds are bonds that can be converted or exchanged to common stock. Since convertible bonds offer more investment options, their risk is lower than non-convertible bonds.
Callable bonds is a bond that can be redeemed before the maturity date.
Answer:
$109,000
Explanation:
The accounting equation for the cost of goods sold
COGS = opening finished good + purchases - Closing finished goods
In a manufacturing firm, purchases are also referred to as manufacturing costs.
For Leslie manufacturing:
beginning finished inventory =$40,000
costs of goods manufactured = $ 144,000
Ending finished inventory = $ 45,000
cost of manufacturing for the period:
=$40,000 +$114,000- $45,000
=$109,000
Answer:
The reason for this is that the people will accept it as money confidently.
Explanation:
Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.
Answer:
B. Bolivar is prohibited from listening to the phone calls as long as he wants, and only limited exceptions exist for the monitoring of calls.
Explanation:
Bolivar is clearly breaching the privacy of Phyllis and as such it is imperative that Bolivar is prohibited from listening to phone call as long as he wants and and that also, only some certain calls that are exempted can be listed to by Bolivar.
This means that should Bolivar be caught listening to private conversation he can be sued.
Cheers.
Answer: option C is correct
Explanation:
Real Estate Investment trusts company, REITs do not allow for flow through of loss. Real estate Investment Trusts,REITs owns and manage real estate.
Real Estate Investment Trust company, REITs cannot pass losses to their shareholders, therefore, they invest solely in limited partnerships.
Real Estate Investment trust, REITs also do invest in securities and shares.
But, Real Estate Limited Partnerships company, RELPs allow both for flow through through of loss and for flow through of gain
