Answer:
The bond's issue costs is $364000
Explanation:
The issue costs of the debt financing is listed below:
Payment for printing and engraving $26000
Legal fees $100000
Professional fees $8000
Underwriter's spread <u> $230000</u>
Total issue costs <u> $364000</u>
All the above highlighted costs are relevant to the bond's issuance ,hence they are added up in arriving at the bond's issuance costs.
The spread between the payment by the underwriter and the retail price is essential so as to ensure the number of bonds planned can be sold quickly.
It is more like the payment to the underwriter to underwrite and ensure everything is sold.
Answer:
The answer is false
Explanation:
The quantity supplied is positively related with the price of goods and services unlike quantity demanded which is negatively related with the price of goods and services.
This means that the higher the price if a product, the higher the quantity supplied. This is si because producers will want to increase its revenue
Answer:
under the time payment of claims provision, the maximum time the insurer has to make payment for the claim is 60 days
Explanation:
time payment of claim provision is a provision that requires claims to nbe made within a stated days.
By legal actin provision, the insured is not allowed to take legal action against the insurer. This is due to the fact the claim legally run within 60 days. So, the maximum time frame the insured has to make a claim payment under the time payment of claim provision is 60 days
Answer:
book value and market value.
Explanation:
Book value of an asset is the value of an asset as reported originally in the balance sheet or financial statement of an organization, which may be adjusted for subsequent changes as a result of depreciation or impairment.
Market value is the price or cost associated with an item trading in the open market, it entails the lowest price a seller is willing to sell and the highest price a potential buyer is willing to pay to buy goods over a period of time in the market.
The difference between the historic price a firm paid and its going price among current buyers and sellers is the difference between its book value and market value.
Answer:
It provides career opportunities and plans for individuals, which helps retention and performance.
Explanation:
Given that succession planning is the planning technique that involves the turning over of a firm's leadership roles, which is usually the owner of a firm or business to one or more employees such that the businesses keep running smoothly even after the firm's pioneers have long gone.
Some of the factors to consider when developing succession plans are
1. Internal candidates.
2. Candidate development.
3. Multiple candidates.
4. Diversity.
5. Team approach.
6. Middle management of the firm
7. Retention
Hence, the true statement about succession planning is that "it provides career opportunities and plans for individuals, which helps retention and performance."
