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Snowcat [4.5K]
2 years ago
11

From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that

Business
1 answer:
kumpel [21]2 years ago
6 0

Answer:

interest must be paid on a periodic basis regardless of earnings

Explanation:

Businesses need funds to operate and they sometimes issue bonds to get the needed bonds.

Bonds are debt instruments that are sold to investors to get funds. Interest is also paid to the bond buyer for the tenure of the bond.

The major disadvantage of using bonds as a source of bonds from the standpoint of the issuer is that interest must be paid on a periodic basis regardless of earnings.

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nalin [4]

Answer:

Cash provided by operating activities =$28,700.

Explanation:

Look at attachment for step by step guide.

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3 years ago
CAN SOMEBODY PLEASE ANSWER ASAP WITH 100% CORRECT ANSWER
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Explanation:

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You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $4,250 with low monthly pay
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Answer:

73 months

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Explanation:

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=nper(rate,pmt,-pv,fv)

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fv is the balance of the loan after all payments have been made i.e $0

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3 years ago
Vocational education is one path to a career
balu736 [363]

Answer:

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5 0
2 years ago
Squeaky Shine provides car washing services in Jersey City, New Jersey. A three-month pass for automatic car wash sells for $60,
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Answer:

Explanation:

1. The journal entries are shown below:

On December 1

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Deferred Service Revenue $420                 ($1,260 ÷ 3 months)

      To Service revenue                    $420

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2. Income statement

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Balance sheet

Assets

Cash              $1,260

Liabilities

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3 years ago
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