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Elina [12.6K]
2 years ago
5

Destiny prefers investments that offer the highest possible returns, even if they are risky. Which of the following bonds is Des

tiny most likely to be interested in?
O junk bonds
O municipal bonds
O corporate bonds
O savings bonds
Business
1 answer:
Eva8 [605]2 years ago
6 0

Based on Destiny's preference for investments with the highest returns without consideration of their riskiness, he will most likely be interested in <em>A. junk bonds.</em>

  • Junk bonds issued by corporate entities lack investment-grade credit ratings. They usually yield higher returns than the average bonds with good investment-grade credit ratings.

  • Destiny will not be interested in municipal bonds because they do not meet his high-risk appetite.  Municipal bonds do not yield high returns. They are for the risk-averse investor.

  • Destiny will not be interested in corporate bonds with investment-grade credit ratings because they are more secured and less risky than junk bonds.

  • Finally, savings bonds will not be attractive to Destiny, as the U.S. Treasury issues them and they remain the safest investments.

Thus, Destiny's interest will be in junk bonds because he does not mind the risks but wants the highest returns from his investments.

Read more: brainly.com/question/11619330 and brainly.com/question/24691173

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It is important to use real rather than nominal gdp figures when making comparisons of output across time periods because the re
melamori03 [73]

Answer: TRUE

Explanation: Gross Domestic Product ( GDP) can be described as the market value of all goods and services produced in a country within a particular time period which is usually a year.

The equation for finding GDP is given as -

GDP = Consumption + Investment + Government Spending + ( Exports - Imports)

Nominal GDP can be described as the market value of all goods and services produced in a country within a particular time period using current market prices.

Real GDP can be described as the market value of all goods and services produced in a country within a particular time period using base year prices. Using base year prices to calculate real GDP adjusts for inflation.

4 0
3 years ago
Using the allowance method, is bad debt expense recognized in
mezya [45]

Using the allowance method, is bad debt expense recognized in the period in which sales related to the uncollectible account are made.

One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.

Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.

Learn more about bad debts here

brainly.com/question/24871617

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3 0
1 year ago
Suggest one project that bricks construction could implement to address each key problem area listed in the scanario above
IgorC [24]
The projects that bricks construction can do are :
- Lack of housing >> They can provide more houses that available for their workers

- Unemployment >> They could teach some finance/entrepreneurial skills to the individuals nearby

- Poor Education and training >> They could build some sort of education center for specific job
7 0
2 years ago
Choose the items below that would be added to the book balance on a bank reconciliation. (Check all that apply.)
Blizzard [7]

Answer:

A. Interest earned on the depositor's account

B. Deposit in transit and Note collected by the bank for the depositor

Explanation:

In Financial accounting, bank reconciliation can be defined as an evaluation which give a complete details of the financial items responsible for any difference between the balance of the cash account in the balance sheet and the cash balance reported in an entity's bank statement. These reconciliations should be done at regular intervals so as to ensure a balanced record of the cash account are kept by an organization or firm.

Adjusted balance ends the bank section of a bank reconciliation. Thus, in the event of any fraudulent behavior by an employee, the bank reconciliation would detect any anomaly or financial fraud in the organization.

In a nutshell, after a reconciliation of the bank statement, the adjusted bank balance should be equal to the company's ending adjusted cash balance on the balance sheet.

The items that would be added to the book balance on a bank reconciliation include the following;

A. Interest earned on the depositor's account.

B. Deposit in transit and Note collected by the bank for the depositor.

3 0
3 years ago
This year Luke has calculated his gross tax liability at $2,120. Luke is entitled to a $2,880 non-refundable personal tax credit
Tema [17]

Answer:

$3,460

Explanation:

Gross tax liability $2,120

Less non-refundable personal tax credit $2,880

Refundable personal tax credit $760

Hence:

Income taxes withheld $2,700+ $760

=$3,460

Luke’s non refundable personal credit reduces his gross tax to zero ($2120– 2,880) and $760of the unused credit expires unused.

The $1,740 unused business tax credit carries over and Luke receives a refund of $3,460($760 refundable credit + $2,700 taxes he paid)

Luke’s net tax due or refund is $3,460

3 0
3 years ago
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