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marshall27 [118]
3 years ago
10

The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This

document describes the number of bonds authorized, their par value, and the contract interest rate. Multiple choice question. indenture article document agreement
Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

indenture

Explanation:

a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company

a bond indenture would contain the following :

  1. The purpose why the bond was issued
  2. The stated interest rate of the bond
  3. The dates when interests would be paid to bondholders
  4. A list of covenants the issuer is subjected to in the period the bond is outstanding
  5. Actions that would be taken in event of non payment of interest and or principal  

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Rank these jobs in the Law, Public Safety, and Security career cluster based on years of schooling required, from most to
tatuchka [14]

Answer:

The correct answer is the third option: Lawyer - Probation Officer - Firefighter

Explanation:

First of all, the lawyer is the one who requires more years of schooling due to the fact that in order to be it the person must go to college after graduating from high school. Secondly, the probation officer is formed during years as well. And finally the firefighter is the one who does not need so many years of schooling because the person can go and have the training to be it right after he finished high school.

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4 years ago
Selling the bonds at a premium has the effect of a. raising the effective interest rate above the stated interest rate b. causin
Andreyy89

Answer:

B. causing the interest expense to be lower than the bond interest paid

Explanation:

3 0
3 years ago
A corporation's legal capital:
Fantom [35]

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

3 0
3 years ago
Read 2 more answers
Which of the following statements is true?
Nana76 [90]

Answer:

the answer should be

a. Overhead can be applied slowly as a job is worked on.

3 0
3 years ago
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Kaspar Industries expects credit sales for January, February, and March to be $202,100, $264,200, and $319,300, respectively. It
Wittaler [7]

Answer:

January $151,575

February $248,675

March $305,525

Explanation:

The computation of the cash collections is shown below:

January month

= January credit sales × month of sale collection percentage

= $202,100 × 75%

= $151,575

February month

= January credit sales × following month collection percentage + February credit sales  × month of sale collection percentage

= $202,100 × 25% + $264,200 × 75%

= $50,525 + $198,150

= $248,675

March month

= February credit sales × following month collection percentage + February credit sales  × month of sale collection percentage

=  $264,200 × 25%+ $319,300 × 75%

= $66,050 + $239,475

= $305,525

3 0
3 years ago
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