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3 years ago

New corporate bond issues in excess of $50,000,000 are:________.

Business

1 answer:

tamaranim1 [39]3 years ago

8 0

Answer: C. II and III

Explanation:

Under the Security Act of 1933, new corporate bond issues of such high amounts are not exempt from the Act and so need to be registered with the Securities and Exchange Commission (SEC).

Also, as the amount exceeds $50,000,000, the issue is subject to the Trust Indenture Act of 1939 which states that the issuer should include certain protective provisions that are recommended by the SEC in order to protect bondholders. The adherence to these covenants will then be monitored by an independent trustee that is to be appointed by the Issuer.

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A code of ethics: a should be kept confidential from a firm's employees. b should be limited to a list of dos and don'ts. c shou

charle [14.2K]

<span>The correct answer is (d) should be in written form to avoid confusion. A code of ethics that is simply verbal can lead to a lot of confusion as employees will not actually know it entirely. Being in written form allows everyone in the company to refer to it and follow it.</span>

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3 years ago

Creating central distribution centers can allow a business to run more efficiently. True False

Gemiola [76]

True. Creating central distribution centers can allow a business to run more efficiently. This statement is true because when there is a central distribution center, it allows one central location for products to filter in and out. This products are able to be better counted for inventory purposes and making sure there is enough supply being producted to meet the demand for the items.

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2 years ago

Jermaine and Kesha are married, file a joint tax return, have AGI of $82,500, and have two children. Devona is beginning her fre

Lemur [1.5K]

The American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.

First step is to calculate the American Opportunity credit for Devona

American Opportunity credit for Devona=(100% of first qualifying expenses+ 25% of next qualifying expenses)

American Opportunity credit for Devona=(100%×$2,000)+(25%×$2,000)

American Opportunity credit for Devona=$2,000+$500

American Opportunity credit for Devona=$2,500

Second step is to calculate the American Opportunity credit for Arethia's

American Opportunity credit for Arethia's =(100% of first qualifying expenses+ 25% of next qualifying expenses)

American Opportunity credit for Arethia's=(100%×$2,000)+(25%×$2,000)

American Opportunity credit for Arethia's=$2,000+$500

American Opportunity credit for Arethia's=$2,500

Third step is to calculate the Total American Opportunity credit

Total American Opportunity credit= American Opportunity credit for Devona +American Opportunity credit for Arethia's

Total American Opportunity credit=$2,500+$2,500

Total American Opportunity credit=$5,000

Based on the above calculation total American Opportunity credit will be $5,000 reason being that both Jermaine and Kesha's Adjusted Gross Income of the amount of $82,500 is not higher than $160,000.

Inconclusion the American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.

Learn more about American Opportunity credit here:brainly.com/question/24535935

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2 years ago

What should be the current price of a share of stock if a $5 dividend was just paid, the stock has a required return of 20%, and

Gala2k [10]

Answer:

Current Price of the Share Stock is $ 37.86 (D)

Explanation:

Using dividend valuation method with a constant growth rate assumption, share price is calculated as : Po =D1/(Ke-g).

Where; Po ⇒Market Value excluding any dividend currently payable

D1= Do(1+g)⇒Expected dividend in one year's time

Ke =Required rate of return by shareholders

g= Dividend growth rate

<u>Calculation</u>

D1 = 5(1+0.06)= $5.3

Hence, Po= 5.3/(0.20-0.06)

Po=$37.86

The share price is expected to reflect the future expected stream of income i.e dividends and capital gains ,discounted at an appropriate cost of capital.

Some of the assumptions of dividend valuation method include but not limited to the following:

- it assumed that investors act rationality and in the same way ;

-the dividend either show growth or no growth;

-the discount rate used exceeds the dividend growth rate.

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3 years ago

Under normal circumstances, what minimum level of voting ownership is considered to give the investor control over the investee?

mestny [16]

Answer:

In the absence of any condition +50% of voting securities will give powers to investors to control over the investee.

Explanation:

The investors have majority of ownership .
They can hire the Board of Directors for the investee
They can directly control over the operations of the investee
Voting shares give the power to approve or reject major decisions and actions such as a merger.

8 0

3 years ago