What is a credit rating? What is a credit spread?
What will be an ideal response?
For credit spread, see the answer to Question 23 . The credit spread a company faces in the market place is typically closely related to its credit rating. Companies that supply credit ratings, such as Moody's Investors Service and Standard & Poor's (S&P), provide information on the credit worthiness of companies across the world by producing a "rating" for the securities they issue. They classify bond issues into categories based on the creditworthiness of the borrower. The ratings are based on an analysis of current information regarding the likelihood of default and the specifics of the debt obligation. The ability of a firm to service its debt depends on the firm's financial structure, its profitability, the stability of its cash flows, and its long-term growth prospects.
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In terms of foundations and frameworks for ethical guidelines, the philosophy of life that believes in a balance of a variety of urges throughout life is:
A) utilitarianism B) individualism C) hedonism D) homeostasis
Refer to the following bank reconciliation.
Cash flow hedges are revalued to market value each period and gains and losses from changes in the market values of such derivatives appears
a. in accumulated other comprehensive income each period to the extent the financial instrument is "highly effective" in neutralizing the risk and the remainder in (current) net income. b. in the Contributed capital section each period to the extent the financial instrument is "highly effective" in neutralizing the risk and the remainder in net income currently. c. in net income each period regardless of effectiveness. d. in retained earnings each period regardless of effectiveness. e. in reserves for contingencies each period regardless of effectiveness.
The “you” attitude ______.
A. adapts the message to the reader B. influences the format of the message C. subordinates negative information D. all of these