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valentinak56 [21]
3 years ago
3

Charlie Chicken Restaurants announced it plans to issue $300 million in debenture bonds to fund the expansion of its fast food c

hain of restaurants. In financial terms, this means
a) the corporation will borrow $300 million worth of long-term financing. The bond issue will not carry any collateral
b) the corporation will lssue $300 million worth of equity financing. The bond issue will be backed by the property and buildings purchased with the funds
c) the corporation will borrow $300 million worth of long-term financing. The issue will be becked by the property and buildings purchased with the funds bonds.
d) financiers will be paid from the revenues created by the individusi franchises
the corporation will issue $300 million worth of interest-free
Business
1 answer:
PtichkaEL [24]3 years ago
5 0

Answer:

A) the corporation will borrow $300 million worth of long-term financing. The bond issue will not carry any collateral

Explanation:

In this case, a debenture bond is debt issued by Charlie Chicken Restaurants that doesn't have any type of collateral. It is not backed up by any asset or property. Debenture bonds are recorded as liabilities in the balance sheet. They are similar to personal loans for individuals, since they are a way of raising money based on the "credit rating" of the corporation.

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A shop can sell at most 200 pairs of socks and at most 100 pairs of shoes. To maximize the profit, they have decided to make 2 o
olya-2409 [2.1K]

Answer:

50 packages of offer 1 and 50 packages of offer 2

Explanation:

Determine How many packages of each offer do they have to sell to maximize the profit

Number of package of offer 1 = x

Number of package of offer 2 = y

<u>Applying the LPP model</u>

max Z = 30 x + 50 y  ----  ( 1 )

now subject to the constraints from Linear programming

x + 3y ≤ 200  ------ L1

x + y ≤ 100 ------ L2

x ≥ 20 ------------- L3

y ≥ 10 -------------- L4

therefore the number of packages of each offer that can be sold to maximize profit will be : X = 50 and Y = 50  referring to equation from the LPP model  considering that the shop can sell at most 100 pairs

7 0
3 years ago
Use the following information for the next four questions.St. James, Inc. currently uses traditional costing procedures, applyin
Nonamiya [84]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated overhead= $800,000

Total estimated direct labor hours= 4,000

Direct labor hours Beta= 1,200

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 800,000/4,000= $200 per hour

Now, we can allocate overhead to Beta:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 200*1,200= $240,000

6 0
3 years ago
A goal taking which of these lengths of time to achieve is most likely to be a
Deffense [45]

Answer:

5 years

Explanation:

5 years is long term hope this helps

5 0
3 years ago
Read 2 more answers
Mintzberg determined that managers tend to rely more heavily on ______ communication than ______ communication when conducting b
Alika [10]

Answer:

Verbal; written.

Explanation:

Professor Henry Mintzberg is a prolific and an amiable author on business and management. He was born on the 2nd of September, 1939 and works at the Desautels Faculty of Management in McGill University, Canada.

According to Prof. Mintzberg in his book titled "Mintzberg on Management: Inside our Strange World of Organizations," there are ten (10) primary roles which can be used to classify the functions of a manager; figurehead, liaison, leader, monitor, negotiator, entrepreneur, disturbance handler, spokesperson, resource allocator and disseminator.

Additionally, Mintzberg determined that managers tend to rely more heavily on verbal communication than written communication when conducting business. This is simply because managers consider a written communication such as memo, reports, or letters consume more time when compared with verbal communication such as telephone calls, meetings or face-to-face conversations .

5 0
3 years ago
Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was
Illusion [34]

Answer:

Hello your question is incomplete attached below is the complete question

answer : consolidated Total sales = $1008000

Explanation:

Determine the consolidated totals for sales

to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )

Consolidated Total sales = ($70000 + $400000 ) - $92000

                                          = $1100000 - $92000 = $1008000

8 0
3 years ago
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