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2 years ago

Secured bonds are bonds that

Business

1 answer:

Ilya [14]2 years ago

7 0

Answer:

A- have specific assets of the issuer pledged as collateral.

Explanation:

A secure bond is less risky compared an unsecured bond as in the event of default, the tittle of the assets that the issuer has pledged as collateral passes on to the bondholders. The bondholders are thus guaranteed that they will recover at least part of what they are owed from the proceeds of the assets.

An example of a secured bond is a mortgage backed security.

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Use the following information for questions 6 and 7. Wonderland Company imports and sells a product produced in Canada. In the s

GarryVolchara [31]

Answer:

$1,564,800

Explanation:

Year Purchased Quantity (Units) Cost per unit Total Cost

2017 4,000 $160 $640,000

2018 10,000 $220 $2,220,000

2019 16,000 $320 $5,120,000

(A) Sales Revenue

2019 18,400 $392 $7,212,800

(B) Less: Cost of Goods Sold (LIFO)

2019 (16,000 x $320) ($5,120,000)

2018 {(18,400 - 16,000) x $220} ($528,000)

(A - B)Gross Profit $1,564,800

7 0

2 years ago

Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat

KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

Explanation:

Giving the following information:

Bryce Co. sales are $801,000

Variable costs are $465,100

Operating income is $287,000.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

contribution margin ratio= 0.42

8 0

2 years ago

Explain what lower of cost or market means in regards to reporting merchandise inventory on the balance sheet.

Degger [83]

Answer and Explanation:

Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.

Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.

4 0

2 years ago

The dollar has appreciated against the currencies of many of the U.S.'s top trading partners. What outcome could this fall in fo

fenix001 [56]

Answer: Aggregate demand would shift to the left due to a decrease in US exports.

Explanation When the dollar appreciated against foreign currencies, U.S. goods and services become relatively more expensive, reducing exports and boosting imports in the United States. Such a reduction in net exports reduces aggregate demand.

6 0

3 years ago

Read 2 more answers

A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small

WINSTONCH [101]

Answer:

Organic structure.

Explanation:

Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.

In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.

4 0

3 years ago