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netineya [11]
2 years ago
8

An issuer interested in reducing its interest cost can use the call provision to call in outstanding bond issues. The issuer is

most likely to call bonds with
Business
1 answer:
Marta_Voda [28]2 years ago
5 0

Answer: high coupon and low call premium.

Explanation:

An issuer interested in reducing its interest cost can use the call provision to call in outstanding bond issues. The issuer is most likely to call bonds with a high coupon and low call premium.

Since we've been informed that the issuer is interested in reducing the interest cost and can use the call provision to call in outstanding bond issues, he or she should call in bonds with a high coupon and low call premium.

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The Versatech Corporation has decided to produce three new products. Five branch plants now have excess product capacity. The un
Ratling [72]

Answer:

A parameter table was constructed to show the transportation problem and to also obtain an optimal solution.

Explanation:

<u>Solution</u>

(a) the first step is to prepare  the problem as a transportation problem by establishing  the appropriate parameter table

                            1        2          3            Supply

Source    1           31      45      38             400

(Plant)      2          29     41       45             600

               3           32     46      40            400

               4           28     42      M              600

               5           29     43      M              1000

     Demand        600    1000  800

The total supply  is = 400 + 600 + 400+ 600+ 1000= 3000

Total demand is = 600 + 1000 + 800 = 2400

(b) since the problem given is an imbalanced transportation problem,to make it a balance transportation problem we will make use of what is called the dummy destination for this numbers 3000 - 2400 = 600

                  1        2          3                  4 (Dummy)      Supply

Source    1           31      45      38               0                   400

(Plant)      2          29     41       45               0                   600

               3           32     46      40               0                   400

               4           28     42      M                 0                   600

               5           29     43      M                 0                    100

Demand             600    1000  800          600

The positive independent number of  allocations is equal to m+n -1 = 5 + 4-1 =8

This solution is a basic feasible solution called a non -degenerate

The cost of initial transportation is he initial transportation cost=31*400+29*200+41*400+46*400+42*200+M*400+M*400+0*600

=$61400+800M

Note: kindly find an attached document of the part of the solution of the work.

4 0
3 years ago
Which of the following is not considered part of your gross income?
TiliK225 [7]
Answer: D

If the employer pays the health/medical insurance, accidents then such benefits are not subjected as taxable income. Even the amount  appear in W-2 report, it is not considered as income.
However, only If the employer use insurance plan that pays the premium by employers direct payment or employers' own fund. Otherwise the reimbursements can be taxable.
6 0
3 years ago
The top global advertising firms have had a lot of mergers in recent years. why?
Tju [1.3M]
This is because of the rampant advertising activities that can be done through social media and other platforms related to the internet and the global network. The world has become too small already because of the presence of technology in the form of internet connection. The need for advertising firms is no longer that high because with just a click of a button you can already create your own advertising material and reach as many people as you can. This is the reason why a lot of top global advertising firms have seen a lot of mergers in the recent years of advertising.
5 0
3 years ago
Horrocks Company granted 180,000 restricted stock awards of its no par common shares to executives, subject to forfeiture if emp
My name is Ann [436]

Answer:

c. 120,000 shares

Explanation:

\frac{No adjustment to the numerator}{180,000-60,000= 120,000}

*Assumed purchase of treasury shares

$600,000

//\frac{10}{60,000}

Note: The proceeds also must be increased (or decreased) by any tax benefits that would be added to (or deducted from) paid-in capital when the eventual tax deduction differs from the amount expense, the "excess tax benefit." Since that occurs when the stock price at vesting differs from the stock price at the grant date, the fact that the market price remained at $10 avoided that issue.

3 0
2 years ago
Keesha Co. borrows $230,000 cash on December 1 of the current year by signing a 150-day, 12%, $230,000 note. 1. On what date doe
muminat

Answer:

See explanation section

Explanation:

Requirement 1

April 30 is the maturity date of the note.

December 31 + January 31 + February 28 + March 31 + April 30 = 150 days.

Therefore, the note will be matured in the April 30, next year.

Requirement 2 & 3

Current year Interest: December 1 - December 31 = 30 days interest = $230,000 × 12% × (30 ÷ 360) = $2,300.

Following year Interest: January 1 - April 30 = 120 days interest = $230,000 × 12% × (120 ÷ 360) = $9,200.

Total Interest = $11,500

Requirement 4

Journal Entries

(a)  Dec. 1     Cash                     Debit      $230,000

                    Notes payable     Credit     $230,000

To record the borrow a loan by issuing a 150-day, 12% note.

(b)  Dec. 31   Interest Expense     Debit    $2,300

                    Interest payable      Credit   $2,300

To record the accrued interest expense on December 31 (Current year).

(c)  April 30  Notes payable      Debit     $230,000

                    Interest payable    Debit     $2,300

                    Interest Expense   Debit     $9,200

                                   Cash        Credit       $241,500

To record the payment of the note at maturity.

6 0
2 years ago
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