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Serggg [28]
3 years ago
11

IBM issues bonds with a sinking fund provision that the company can call 7% of the bonds at par value or the company can buy the

required bonds on the open market. IBM will choose to buy the required bonds on the open market if the bonds are traded at ______ in the market. Select one: a. $1850 b. $1116 c. $ 990 d. $1049 e. $1053
Business
1 answer:
Licemer1 [7]3 years ago
8 0

Answer:

c. $990

Explanation:

I am assuming that the par value of the bonds is $1,000. If the market price of the bonds is above $1,000, IBM can choose to redeem them at par value. E.g. if market value is $1,049, they can redeem them at $1,000 resulting in a $49 gain.

But if the bonds are selling below par value (under $1,000), then IBM should redeem them at market price since they will spend less money. E.g. if the market price is $990, why would they buy them at $1,000?

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In the model of mass-mediated communication, the: Select one: producers of the message control the reception of the content prod
taurus [48]
<h3 />

How information is conveyed is important,  mass-mediated communication allows information to reach a wide range of people.

<h3>What mass-mediated communication?</h3>

It is a communication method that involves sending messages through a medium either internet or television to a receiver (audience)  to produce some effect.

The communicator of the message controls the interpretation of the content to the receiver.

Therefore, in mass-mediated communication content producers of the message control the interpretation of the content

Learn more on mass communication here,

brainly.com/question/18363250

4 0
2 years ago
Maxie's Game World sold games to a customer on credit for $2,600, terms 1/10, n/30 and the cost of the games was $1,700. When re
aleksandrvk [35]

Answer:

$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.

Explanation:

If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:

Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30

Dr Accounts receivable 2,600

    Cr Sales revenue 2,600

Dr Cost of goods sold 1,700

    Cr Merchandise inventory 1,700

7 0
3 years ago
A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil
Leni [432]

Answer:

no

Explanation:

In order to achieve optimal employment level, the ratio of productivity between employees must be equal to the ratio between their wages, e.g. an employee who is 25% more productive, should earn 25% more.

In this case, the productive ratio is 15:20 or 3:4, while the wage ratio is 8:12 or 2:3. Since the wage ratio is lower than the productivity ratio (2:3 < 3:4), the two employees are not optimally employed.

3 0
3 years ago
Utility costs that relate to current year's operations but are not paid until the following year require:______
motikmotik

Utility costs that relate to current year's operations but are not paid until the following year require:

  • a debit to Utilities Expense
  • a credit to Utilities Payable

<h3>What happens when expenses are not paid?</h3>

Expenses are meant to be paid within the accounting period that they occur and if this does not happen, then they are to be treated as current liabilities in the Balance sheet.

This means that the Utilities Expense account will be debited as is the norm but the account that will then be credited is the Utilities Payable account which is a current liability.

Options for this question:

(Select all that apply.)

  • a debit to Prepaid Expense - Utilities
  • a debit to Utilities Expense
  • no journal entry
  • a credit to Utilities Payable
  • a credit to Cash

Find out more on recording expense payables at brainly.com/question/16781277

#SPJ1

3 0
2 years ago
Describe the three important trends in the us economy
Dafna11 [192]

Climate Change is the first trend that is expected to cause more natural disasters. This has been facilitated by global warming caused by increased green house gases. Food prices are expected to rise due to high temperatures that has affected corn and soybean. Floods and storms are now becoming unpredictable.

There is high control of oil, gas and food prices by financial markets. Commodities traders are now setting prices instead of supply and demand thus the value of dollar in  under the control of foreign exchange traders.

Increasing rates of interest, where recently the Federal Reserve wants to increase the Fed fund rates to two percent point. Inflation will be at 2% and unemployment at 4% thus this will show <u>a no falling to recession situation</u> which will allow Fed to keep increasing rates.In the long run cost of loans will rise.

Other trends to notice are;the decline in global economic power of the U.S and the fact that the U.S economy is current in the expansion phase of the business cycle.


7 0
3 years ago
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