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myrzilka [38]
2 years ago
15

If a firm issues debt with no protective covenants in the indenture then the firm's debt will probably be issued at _____ simila

r debt with protective covenants.
a. a higher interest rate than
b. a lower interest rate than
c. an interest rate equal to that of
d. a slightly higher interest rate than
Business
1 answer:
Vinvika [58]2 years ago
8 0

Answer: b. a lower interest rate than

Explanation:

A protective convenant is also referred to as a restrictive covenant and it is referred to as an agreement whereby a particular company is restricted from doing certain things while a contract is still ongoing.

In this case, when a firm issues debt with no protective covenants in the indenture then the firm's debt will probably be issued at lower interest than similar debt with protective covenants. The reason for this is that the lender is protected when there is a convenant which ultimately lower the cost of debt.

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General mills actively researches people who​ don't buy their products to find out why they are not adopters. this practice is m
Margaret [11]

Answer:

The answer is idea generation.

Explanation:

Idea generation refers to the process of creating and developing ideas. During this process, General Mills would come up with ideas and test whether this product would interest people to buy it. At this step as well General Mills can explore why previous products did not succeed and strive to counter these obstacles in the future product.

8 0
3 years ago
Wilton sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Paola Middle School, terms 2/
iogann1982 [59]

Answer:

The $2,700 is the amount which recognized as net accounts receivable on the balance sheet as of November 30

Explanation:

 The computation of net accounts receivable is shown below:

= Selling price of softball equipment - defective merchandise amount  

= $3,000 - $300

= $2,700

The $1,800 is not considered in the computation part because the Wilton company received an order from Douglas high school which is irrelevant for Paola middle school. Neither the discount terms are considered because the company did not receive the amount.

3 0
3 years ago
A customer has purchased 1,000 shares of ABC stock at $44 per share, paying a commission of $1.00 per share for the transaction.
EastWind [94]

Answer:

D) 1,200 shares held at a cost basis of $37.50 per share

Explanation:

Since the company paid a stock dividend, it increased the number of stocks held by the stockholders. The investor initially had 1,000 shares plus a 20% dividend = 1,000 x 1.2 = 1,200 shares. Since each stock should theoretically be worth less, his/her basis should decrease. The basis for each stock was $44(price) + $1(commission) = $45, after the dividend is paid it will be adjusted to $45 / 1.2 = $37.50 per stock

6 0
3 years ago
Based on the following information, which of these statements is false? Time Period 1st Quarter 2nd Quarter 3rd QuarterBeginning
Arlecino [84]

Answer: 4. direct labour costs for the second quarter will be $192000

Explanation:

Finished Goods opening balance (quarter 2) = 4000

Projected sales  = 40000

total units = 4000 + 40000 = 44000

direct labour produces 2 units per hour and an hour cost $8

direct labour cost = 44000/2 = 22000 hours = 22000 x 8 =176000

direct labour costs for quarter 2 = $ 176000. NOT $192000

7 0
3 years ago
Which of the following statements about persuasion and persuasive messages in today's digital age is least accurate?
m_a_m_a [10]

Answer:

a.

Explanation:

Based on the scenario being described within the question it can be said that the least accurate of all of these statements would be " Because of technology, the number of persuasive messages has decreased." This is completely false because technology has not decreased the flow of information but instead drastically increased in, and this includes persuasive messages as well.

4 0
3 years ago
Read 2 more answers
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