Answer: Bond issuer
Explanation:
A callable bond is the type of bond which gives privilege to the issuer of the bond to redeem the bond before the bond will reach its date of maturity.
Therefore, the party that has the right to exercise a call option on callable bonds is the bond issuer.
The answer to this question is "Business Ethics".
Answer: shifter discovers a loss of $3000
Explanation:
Because Shifter paid $5,000 more for the treasury stock than its fair value: 1,000 shares × ($20 − $15). The $2,000 fee (1,000 × $2) offsets that loss yielding a net loss of $3,000
The correct answer is C. Stock
When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.
Answer:
$580,000 underapplied
Explanation:
The computation of the ending overhead is shown below:
The applied overhead is
= Predetermined overhead rate × actual machine hours
= $40 × 90,000
= $3,600,000
Now the underapplied overhead is
= $4,180,000 - $3,600,000
= $580,000
So the ending overhead is $580,000 underapplied
