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3 years ago

The term used for bonds that are unsecured as to principal is :

Business

1 answer:

DanielleElmas [232]3 years ago

7 0

Answer: b. debenture bonds.

Explanation:

A debenture bond is a debt instrument that is unsecured by a collateral or asset. They are issued by companies to raise capital.

A callable bond is a bond that can be redeemed before its maturity date.

A junk bond is a very risky bond with low credit ratings but pay a higher yield when compared to better rated bonds.

Indebenture bond is a legal document that describes the features and terms of a bond.

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Read 2 more answers

The following information is available for Blossom Company:

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Answer:

Total Assets = $124,510

Total Liabilities = $38,320

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Blossom Company

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As at December 31, 2022

Assets

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Total current asset $15,210

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The complete question with diagram is attached

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($3.00, 420 lbs) and ($2.10, 510 lbs)

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