Which of the following is true regarding a bond?

A. The face value and coupon payments of a bond NEVER change
B. Only the face value of a bond can change
C. Only the coupon payments of a bond can change
D. Both the face value and coupon payments of a bond can change


Answer: A. The face value and coupon payments of a bond NEVER change

Business

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Wentwood Clothing Store reported the following selected items at June 30, 2019 (previous year - 2018 - amounts are also given as needed):



Compute Wentwood's acid-test ratio on June 30, 2019. Show your computations. Round the answer to 2 decimal places.

Business

If a creditor owns a debt that is provable and nondischargeable, he or she ________.

A. may participate in the distribution of the debtor's estate B. must not enter into any voluntary agreement with the debtor for discharge of the debt C. needs court approval for reaffirmation of loans D. can recover only the money provided by the bankrupt's discharge

Business

Decision support systems and sensitivity analysis are useful management science tools for answering the question:

A) by when? B) who else? C) how much? D) what if?

Business

What does OLI stand for in Dunning’s framework, according to which all three aspects must be present for an MNE to appear?

a. Ownership; Location; Internalization b. Organization; Leadership; Innovation c. Ownership; License; Innovation d. Organization; Localization; Internationalization

Business