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marshall27 [118]
3 years ago
9

Pick the correct statement from below. Multiple Choice A deferred call provision requires the bond issuer to pay the current mar

ket price, minus any accrued interest, should the bond be called. A deferred call provision allows the bond issuer to delay repaying a bond until after the maturity date should the issuer so opt. A deferred call provision prohibits the issuer from ever redeeming bonds prior to maturity. A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date. A deferred call provision requires the bond issuer pay a call premium that is equal to or greater than one year's coupon should the bond be called.
Business
1 answer:
jeyben [28]3 years ago
6 0

Answer: A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

Explanation:

A deferred call provision refers to the provision whereby the calling of a bond before a particular date is prohibited. The bond is known to be call protected during this period.

Therefore, a deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

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$2 per screw.<span>4000 units</span>
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Harmonization of accounting standards:_______. A. Is the same as convergence of accounting standards.B. Always ensure resulting
astraxan [27]

Answer:

A. Is the same as convergence of accounting standards

Explanation:

Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.

The notion of harmonization can be replaced by the concept of convergence.

Harmonization of international accounting standards is an imposition of standards by economically superior countries.

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Center Chemical Company's Industrial Division makes 400,000 gallons of rubbing alcohol each year and has enough capacity to manu
Fittoniya [83]

Answer:

cost-based transfer pricing

Explanation:

If the firm uses negociated rtansfer pricing they will stablish the transfer price based on manager bargain skill and leverage of each division. The CEO will not a grip on controlling cost across all dvisions, the managers will.

Therefore the best option is to go with a cost-based transfer pricing. The CEO can determinatethe method to determinate the cost and indriectly the cost across all divisions.

5 0
3 years ago
Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec
choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)  

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

     To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

     To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

5 0
3 years ago
Which of the following is a tertiary ratio that drives protability?
Snezhnost [94]

Answer:

Explanation:

wmdjnjjfjjjjjjjjjjjjjjjj

4 0
3 years ago
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