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liraira [26]
3 years ago
6

A convertible debenture can never sell for more than its conversion value or less than its bond value.

Business
1 answer:
erik [133]3 years ago
6 0

Answer:

b. False

Explanation:

A convertible debenture can sell for more than its conversion value or less than its bond value.

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Lucid Company declared a property dividend of 37,000 shares of its investment in $1 par Polk Company common stock. The Polk stoc
SCORPION-xisa [38]

Answer:

Multiple choices are as follows:

a) $333,000.

b) $407,000.

c) $74,000.

The correct option is A,$333,000

Explanation:

The stock dividend is to be valued at the market price at the date of declaration.

The declaration date is the date the company made known its intention to reward the stockholders with free stocks instead of a cash dividend,using the market price of stock at declaration date,the stock dividend is valued thus:

Stock dividend=number of stock dividend*market price

number of stock dividend is 37000 shares

market price is $9(market price at declaration date)

stock dividend=37,000*$9=$333,000

5 0
3 years ago
Which fiscal policy would most likely result in the largest budget deficit
Katena32 [7]

Answer: Low taxation and high spending

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3 years ago
Which option identifies the concept represented in the following scenario?
MArishka [77]

Answer:

dumping

Explanation:

Dumping in international trade refers to exporting goods to another country at a lower price than in the domestic market. A company or country involved in dumping may sell goods in a foreign country below the production cost. The objective is to gain market penetration and acquire a sizable market share in the targeted country.

Dumping enables customers in the importing country to buy goods at a lower price. However, it may kill local industries leading to the closure of businesses and layoffs.

7 0
3 years ago
2. Marginal analysis is sometimes called "thinking on the
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Answer:

fly.

Explanation:

Thinking on the fly is the act of analyzing something quickly and sometimes without all the facts.

6 0
3 years ago
A firm selling televisions knows from marketing research that when consumers in developing countries reach on average a yearly i
yulyashka [42]

Answer:

That low income can be enough because of either one of these two reasons (or the two at the sime time):

  • A high proportion of subsidized good for low-income earners in developing countries: a consumer making $1,000 per year on average could benefit from subsidized food, housing, healthcare, and even transportation, allowing this person to devote most of his income to other expenses.
  • Cheap credit available: this same person could not have enough money to pay for the television in cash, but could easily obtain a credit with low interest rates, and long-term payments.

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3 years ago
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