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Alinara [238K]
2 years ago
6

Which one of the following statements is true?A) The current yield on a par value bond will exceed the bond's yield to maturityB

) The yield to maturity on a premium bond exceeds the bond's coupon rateC) The current yield on a premium bond is equal to to the bond's coupon rateD) A premium bond has a current yield that exceeds the bond's coupon rateE) A discount bond has a coupon rate that is less than the bond's yield to maturity
Business
1 answer:
Tems11 [23]2 years ago
4 0

Answer:

E) A discount bond has a coupon rate that is less than the bond's yield to maturity

Explanation:

A discount bond has a coupon rate that is below the bond's YTM this means that the bonds coupons or payments are lower than the Interest rate.

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A german firm raising capital by selling stock through the london stock exchange is an example of _____.
antiseptic1488 [7]
<span>A german firm raising capital by selling stock through the london stock exchange is an example of transnational financing.

Transnational financing occurs when a firm goes to another country to raise capital through the issue of stocks and bonds.
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7 0
2 years ago
With an ATM checking account, you are typically charged a fee if you use teller services (walk-in or drive-through).
romanna [79]

<u>Answer: </u>

With an ATM checking account, you are typically charged a fee if you use teller services is a false statement.

<u>Explanation: </u>

  • The ATM facility has been rolled out in order to dispense convenience to the users of cashless transactions or of withdrawing cash whenever need.
  • This service is not charged as long as there are not any extra facilities demanded like that of international transactions.
  • Charging a fee for using an ATM would decrease the number of its users drastically.
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2 years ago
Knowledge Check 01 Coolidge Company owes $1,000 for merchandise inventory purchased from Ross Company during April. The amount o
lubasha [3.4K]

Answer:

Journal Entry is as follows;

June 15

<em>DR</em> Accounts Payable <u>$1,000</u>

<em>CR</em> Cash <u>$400</u>

<em>CR</em> Notes Payable <u>$600</u>

7 0
3 years ago
There is significant interaction between cash receipt transactions and accounts receivable because _______. a misstatement of ca
zlopas [31]

Answer:

a misstatement of cash receipts will result in a misstatement of accounts receivable.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet.

2. Cash flow statement.

3. Income statement.

4. Statement of changes in equity.

A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.

Some examples of current assets are account receivables, marketable securities, cash equivalent, etc.

In Financial accounting, there exist a significant level of interaction between cash receipt transactions and accounts receivable because a misstatement of cash receipts will result in a misstatement of accounts receivable, which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.

3 0
2 years ago
Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe
Vinvika [58]

Answer:

Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual

Explanation:

Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.

A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.

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