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3 years ago

What does a bond's rating refer to?

1 answer:

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Answer: A bond rating is a grade given to bonds that indicates their credit quality. Independent rating services such as Standard & Poor's and Moody's provide these evaluations of a bond issuer's financial strength, or its ability to pay a bond's principal and interest in a timely fashion.

Explanation:

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The following information is for Redwood Inc. for the year ended December 31, 2016. Redwood had a cash and cash equivalents bala

Alchen [17]

Answer and Explanation:

The preparation of the cash flow statement using the direct method is presented below:

Redwood Inc.

Cash flow statement

For the year ended December 31, 2016

Cash flow from operating activities

Cash Received from Customers $1,940

Interest on investments $220

Less: Interest on debt -$320

Less: Income tax -$84

Less: Purchase of inventory -$1,000

Less: Operating expenses -$520

Net cash provided by operating activities $236

Cash flow from investing activities

Sale of land $120

Less: Purchase of equipment -$4,500

Net cash used by investing activities -$4,380

Cash flow from financing activities

Sale of common stock $640

Issuance of debt securities $2,040

Less: Debt principal reduction -$1,540

Less: Dividends on common stock -$220

Net cash provided by financing activities $920

Decrease in cash -$3,224

Add: Beginning cash balance $5,600

Ending cash balance $2,376

The items which shows in a positive sign indicates the cash inflow and the items which shows in a negative sign indicates the cash outflow and the same is to be considered

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3 years ago

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

MaRussiya [10]

Answer:

c. Under applied $ 1,340

Explanation:

Computation of predetermined overhead rate

Estimated manufacturing overhead $ 594,960

Estimated direct labor hours 22,200 hours

Predetermined overhead rate per direct labor hour

$ 594,960 / 22,200 hours $ 26.80 per hour

Actual Direct Labor hours 22,150 hours

Applied overhead at predetermined direct labor rate

$ 26.80 * 22,150 hours $ 593,680

Actual overhead $ 594,960

Overhead under applied $ ( 1,340)

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2 years ago

4. The finest veal is _______-fed. A. field B. grass C. grain D. milk

wlad13 [49]

Answer:

The finest veal is milk-fed.

Explanation:

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3 years ago

Read 2 more answers

Simon is the manager of the editorial department in a publishing company. Every time an editor in his team fails to fix the erro

OLga [1]

Answer:

Feedback control

Explanation:

Feedback control system is used by managers to guage how effectively their employees meet up with target output at the end of the production process.

It compares the output produced to the target output that was set for the employee. There is little consideration for how much the workload is.

In this scenario the manager assigns extra work every time an editor fails to fix errors in the article they are working on.

His main concern is the output of the editors. So when they fail to complete a task he gives them more in order to gain the target output from them

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2 years ago

Suppose the government imposes a price ceiling on gasoline that is less than the equilibrium price. As a result, A. there is in

FrozenT [24]

Answer: (B) There is incentive for buyers to undertake search activity

Explanation:

Setting price below equilibrium will create shortage.

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3 years ago