<span>In an and condition, the most efficient technique is to first ask the question that "</span>is least likely to be true".
If we look at the general rule or principle for an AND condition, it is to first make the inquiry that is less inclined to be valid. This would dispose of the same number of occasions of the second choice. By this the processing time will be fast. Thus the most proficient method for an AND condition is to first make the inquiry that is to the least extent liable to be valid. So, the right choice is c.
Option C
This is a leveraged buyout kind of business transaction
<u>Explanation:</u>
This is a leveraged buyout as the Paula and Check utilized borrowed funds from the bank to procure Floral Works. A leveraged buyout (LBO) is the purchase of another company practicing a notable sum of pledged cash to adhere to the price of purchase.
The assets of the firm being obtained are frequently employed as security for the loans, onward with the assets of the acquiring firm. The idea of leveraged buyouts is to enable firms to make massive purchases externally ought to invest a lot of funds.
Answer:
d. is a potential liability that has arisen because of a past event or transaction.
Explanation:
A contingent liability refers to an obligation which arises owing to past events or transactions, whose happening is improbable i.e it may or may not arise in the near future.
If the effect of such a liability can be reasonably estimated, then these should be provided for as a footnote in the financial statements.
An example of a contingent liability would be a legal suit filed against the company, if lost would lead to an obligation for damages which the company may have to pay.
Answer: c. the bondholder to convert the bond to common stock.
Explanation: Convertible bonds are fixed-income debt security that can be converted into a predetermined number of common stock or equity shares while yielding interests, often at lower interest rates. A conversion feature of a convertible bond is defined as a provision that gives the bondholder the option, under certain conditions, to exchange (or convert) the bond for a specified number of shares of common stock. In other words, it allows the bondholder to convert the bond to common stock offering investors the potential for high returns if the price of the firm's common stock rises. This allows the firm to obtain financing at lower costs since investors are willing to accept lower rates of interest.
It’s 70 $ the answer is 70
