Corporate bond funds focus on bonds issued by high-quality firms and, therefore, tend to have a low degree of default risk

Indicate whether the statement is true or false.


Answer: TRUE

Business

You might also like to view...

There will most likely be a decline in the use of mobile devices at work in the next 10 years.

Answer the following statement true (T) or false (F)

Business

The entry made in February to reverse the entry that was made to accrue January payroll would be:

a. Debit - Wages Payable Credit - Cash b. Debit - Wages Payable Credit - Payroll c. Debit - Factory Overhead Credit - Payroll d. Debit - Payroll Credit - Wages Payable

Business

The stock dividend relabels a portion of the retained earnings that had been legally available for dividend declarations as a more permanent form of shareholders' equity, because

a. the firm has used some funds represented by past earnings to expand plant facilities or to replace assets at increased prices or to retire bonds. b. the firm does not have this cash available for cash dividends c. the stock dividend does not affect the availability of cash on hand or cash that the firm has already invested; rather, the stock dividend signals to readers of the balance sheet, perhaps more clearly than before, the commitment to investment. d. all of the above e. none of the above

Business

Strategies for mitigating the bullwhip effect include ______.

A. channel alignment B. restricting information flows C. reducing inventory D. increasing price

Business