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3 years ago

The Principal of a bond is:

Business

1 answer:

tekilochka [14]3 years ago

6 0

For bonds,principal generally refers to the bonds face value or the par value.

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The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, whereas t

vitfil [10]

Answer:

True

Explanation:

Balance sheet is the financial report of an organization that includes investments, liabilities, assets wealth, overall debt, etc. during a given time.

The income statement is one of the company's financial statements that indicates the company's profits and expenditures for a specific period of time. This shows how the profits are converted into net revenue or net income.

8 0

3 years ago

Which of the following is not an example of a significant noncash transaction? Conversion of bonds into common stock. Sale of pl

Lostsunrise [7]

Answer:

Sale of plant assets. If the company sales an equipment it will receive cash for it. We are not given with any information of this transaction not being in cash, so we should assume it was a sale in cash or cash equivalent.

Explanation:

Conversion of bonds into common stock. The bonds, which are outstanding and represent a promise to pay, are converted into common stock, this transaction doesn't involve cash.

Issuance of common stock to purchase land. The land is acquire in exchange of common stock, the company is not using cash. the owner of the land can later sold the stock to a third party but it won't affect the cash flow of the company.

Issuance of debt to purchase equipment Like singing a note to purchase a machine, no cash is involve.

3 0

3 years ago

Antique Brass Company has budgeted sales volume of 127 comma 000 units and budgeted production of 110 comma 000 units, while 30

olga55 [171]

Answer:

13,000 units

Explanation:

The excess of budgeted sales over budgeted production = 127,000 - 110,000 = 17,000 units. In other words, this is the number of units that the company will be in short of.

The company has 30,000 units in beginning inventory, thus the amount of ending finished goods inventory will be = 30,000 - 17,000 = 13,000 units

7 0

3 years ago

Howard Co. had the following first-year amounts for a $7,000,000 construction contract: Actual costs $2,000,000 Estimated costs

Dmitrij [34]

Answer:

estimated loss from the project is $1,000,000

correct option is a. ($1,000,000)

Explanation:

given data

contract price = $7,000,000

Actual costs = $2,000,000

Estimated costs = 6,000,000

Progress billings = 1,800,000

Cash collected = 1,500,000

to find out

What amount should Howard recognize as gross profit (loss)

solution

we get in the amount to complete the project that is

amount to complete = contract price - Actual costs - Estimated costs

amount to complete = $7,000,000 - $2,000,000 - 6,000,000

amount to complete = - $1000000

so estimated loss on project

so that the total $1,000,000 loss must be recognize

so correct option is a. ($1,000,000)

5 0

3 years ago

The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Compan

Julli [10]

Answer:

the approval was already anticipated by the market

Explanation:

This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.

5 0

4 years ago