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3 years ago

econ The presence of secondary markets ______________ the interest rates that firms have to pay on bonds issued by them.

Business

1 answer:

OlgaM077 [116]3 years ago

3 0

Answer:

decrease

Explanation:

Secondary markets decrease the interest rates that organizations have to pay on issued bonds. With the presence of secondary markets, companies that issue bond can then pay lower rates of interest and still sell the entire bonds needed. What the secondary market does is that it bids up the bonds price above their face values. This therefore makes interest that will be paid a lower percentage, and thus leads to lower ROI and yield.

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Prepare journal entries to record the following transactions for the village of Radnor. Classify the expenditures as Parks suppl

zzz [600]

Answer:

A. Dr Encumbrances $14,000

Cr Budgetary fund balance $14,000

B. Dr Budgetary fund balance $8,000

Cr Reserved for encumbrances Encumbrances $8,000

Dr Expenditures – Park supplies $8,300

Cr Voucher payable $8,300

C. Dr Budgetary fund balancereserved for encumbrance $6,000

Cr Encumbrances $6,000

Dr Expenditures – Parks supplies $5,800

Cr Vouchers – payable $5,800

D. Dr Voucher payable $8,300

Cr Cash $8,300

Explanation:

Preparation of Journal entries

A. Dr Encumbrances $14,000

Cr Budgetary fund balance $14,000

($8,000+$6,000)

B. Dr Budgetary fund balance $8,000

Cr Reserved for encumbrances Encumbrances $8,000

Dr Expenditures – Park supplies $8,300

Cr Voucher payable $8,300

C. Dr Budgetary fund balancereserved for encumbrance $6,000

Cr Encumbrances $6,000

($14,000-$8,000)

Dr Expenditures – Parks supplies $5,800

Cr Vouchers – payable $5,800

D. Dr Voucher payable $8,300

Cr Cash $8,300

3 0

2 years ago

Refer to lynn bernerd, inc. initially, the managers believed that ____ would be the best option for entering the foreign market.

mojhsa [17]

<span>They originally felt that licensing would be the best first step. By letting other companies use their product in exchange for paying royalty fees, Bernerd was licensing its product out for those companies to take advantage of the company's name.</span>

7 0

3 years ago

Ellen has entered all of her monthly expenses. She needs to create a formula that will deduct her monthly expenses from her mont

Phantasy [73]

Answer:

Absolute reference

Explanation:

An absolute reference in excel indicates a reference that is locked such that rows and columns do not alter when copied to another cell in the excel sheet.

It points to an actual fixed location in excel and absolute referencing is simply by adding a dollar sign before the row and column.

In other words ,Ellen will absolutely reference her income ,as the income is the same month-on-month.

5 0

3 years ago

True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.

Margarita [4]

Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

6 0

2 years ago

What are the main purposes of a budget?

disa [49]

In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance

7 0

3 years ago

Read 2 more answers