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mihalych1998 [28]
3 years ago
13

Which of the following statements is FALSE? Global bonds combine the features of domestic, foreign, and Eurobonds, and are offer

ed for sale in several different markets simultaneously. In a leveraged buyout (LBO), a group of private investors purchases all the equity of a public corporation. A term loan is a bank loan that lasts for a specific term. Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.
Business
1 answer:
n200080 [17]3 years ago
6 0

Answer:

Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.

Explanation:

A Eurobond refers to the debt security that is priced in a medium of exchange apart from the nation's domestic currency or sector which it is distributed in. The monetary system under which they are transacted, like eurodollars or euro-yen securities, is often categorised together through Eurobonds.

The issuing of Eurobonds is typically done on behalf of the issuer by an foreign cartel of financial firms, one of which will help finance the bond, thereby ensuring the entire batch of security is purchased.        

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Check the attached file for the answer.

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3 years ago
Wilson Trucking, Inc. reports these account balances at January 1, 2015 (shown in alphabetical order):Accounts Payable $220,000A
dexar [7]

Answer:

The correct option is C,$ 1,399,000

Explanation:

The items on the credit column would be the sum of  accounts payable, capital stock, notes payable and retained earnings  minus the payment of accounts payable and notes payable

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capital stock is $680,000

notes payable is $520,000

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6 0
3 years ago
Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for
Reika [66]

Answer and Explanation:

The computation of the amount is shown below:

a. For FOB destination

=  Merchandise price - Returns and allowances - discount

= $6,700 - $1,750 - ($6,700  - $1,750 )× 2%

= $6,700 - $1,750 - $99

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b. For FOB shipping point

= Merchandise price - Returns and allowances - discount + Freight In

= $3,300 - $1,200 - ($3,300 - $1,200) × 1% + $200

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3 years ago
The quantity sold in a market will decrease if the government decreases aA. binding price floor in that market.B. binding price
Pavlova-9 [17]

Answer: B

Explanation:

Price ceiling is the highest authorized price that could be charged by sellers for a good.

Prices received by sellers will be reduced if government would bring down authorized price in the market.

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Answer:

D

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