Answer:
Kevin is thinking about purchasing a corporate bond
Explanation:
Corporate bonds are bonds issued by firms.
Firms have two major instruments to attract investments from individual investors like Kevin: stocks and bonds.
Stocks are ownership certificates, their values and payouts fluctuates.
Bonds are debt certificates. Issuing them means the firms are obliaged to pay the interests until maturity and the face value of the bond at maturity.
Answer:
8.6 days
Explanation:
The formula for average collection period
= Average received turnover ratio / 365 daya
= 90 × 35 / 365
= 8.6 days
Answer:
Explanation:
If I was Frank I wouldn’t have disclosed the information from one company to the next, it is unethical and with an NDA information shouldn’t be passed on. Even though, it may have been an opportunity for the company he got hired and a threat to the company he disclosed the information from.
FCF is a measure of
how much cash a business generates from operations, net of capital expenditures,
which it can use for various purposes, such as reducing debt or paying out
dividends. When calculating FCF, we take Cash provided by operating activities
and subtract any capital expenditures. Grossman Lumber generated $102,000 in
cash from operations, and invested 4,000 in capital expenditures, so its FCF is
102,000-4,000= $98,000. We are not concerned with dividends because dividends
are not a capital expenditure.
