Floating-rate debt is advantageous to investors because the interest rate earned on the debt increases when market rates rise.
Answer the following statement true (T) or false (F)
True
The coupon rates on floating-rate bonds float with market interest rates rather than with the inflation rate. Thus, when interest rates rise, the coupon rates increase, and vice versa. See 6-1: Characteristics and Types of Debt
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Which of the following is an example of a form report?
A. A request for proposal B. A justification report C. An annual report D. A bank check
Exclusive distribution
A. usually involves intermediaries who are willing to take over all responsibility for promoting the producer's product. B. should generally be used only if it is not possible to generate intermediary interest in intensive distribution. C. is an arrangement between a producer and intermediary that is illegal for most types of products in the United States; thus it is not very common. D. is legal as long as it does not involve vertical channel arrangements. E. None of these answers is correct.
Bill filed his 2019 tax return on March 15th, 2020. The statute of limitations for IRS assessment on Bill's 2019 tax return should end:
A. April 15th, 2022. B. March 15th, 2023. C. March 15th, 2022. D. April 15th, 2023. E. None of the choices are correct.
No formal steps are necessary to create a sole proprietorship
Indicate whether the statement is true or false