Answer: D. A & C
Explanation:
A long term liability is one that is due to be paid in a period longer than a year. The loan is due in less than a year so the only way to classify it as a long term liability is to make it a loan that will extend past a year. This can be done through refinancing which is to replace the current loan with another loan.
Karin's company therefore would need to demonstrate that the obligation can be refinanced on a long-term basis by them and they must also have the intention to do so as well.
Answer:
$978,306
Explanation:
The computation of the unremembered liability coupons is shown below:
= (Number of coupons issued × redeemed coupon percentage) - (processed coupons) × worth of coupon
= (841,000 coupons × 73%) - (381,000 coupons) × $4.20
= (613,930 coupons - 381,000 coupons) × $4.20
= 232,930 coupons × $4.20
= $978,306
We simply deduct the processed coupons from the redeemed coupons and then multiply it by the coupon worth
Answer:
d
Explanation:is wrong i got it wrong on edg
Answer:
8%
Explanation:
If the current quarterly dividend on preferred stock = $1.60, that means that the current yearly dividend = $1.60 x 4 quarters = $6.40
Since the yearly dividend = $6.40 and the current market price of preferred stock is $80, its expected rate of return = $6.40 / $80 = 8%
