Discuss one advantage of issuing bonds versus borrowing money from a bank.
What will be an ideal response?
Bonds usually have longer terms than notes issued to banks. While typical bank loan terms range from 2 to 5 years, bonds normally have 20-year terms to maturity. Longer terms to maturity allow companies to implement long-term strategic plans without having to worry about frequent refinancing arrangements. In addition, bond interest rates may be lower than bank interest rates. By issuing bonds directly to the public, companies can pay lower interest costs.
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Creative selling is an important part of what an order-getter does.
Answer the following statement true (T) or false (F)
Which receptor cells number about 120 million in each eye allow us to see in dim light, and are responsible for our peripheral vision?
a. phosphenes b. rods c. cones d. stereocilia.
B corporations have no duty to maximize shareholder value even when there is a change of control
a. True b. False Indicate whether the statement is true or false
The unmodified standard audit report of a nonpublic company does not explicitly state that:
A. The auditors believe that the audit provides a reasonable basis for their opinion. B. The audit was conducted in accordance with accounting principles generally accepted in the United States of America. C. An audit includes evaluating the appropriateness of accounting policies used. D. The financial statements are the responsibility of the company's management.