A corporate bond which receives a BBB rating from Standard & Poor's is considered ________
A) a junk bond
B) an investment grade bond
C) a defaulted bond
D) a high-yield bond
Answer: B
You might also like to view...
Which of the following is least likely to report (either directly or indirectly) to the vice president of finance?
a. controller b. treasurer c. shipping department supervisor d. accounts payable department
A company purchased $8900 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $445 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals:
A. $8633. B. $8201. C. $8246. D. $8900. E. $8455.
Responsibility is being accountable for your conduct and obligations
Indicate whether the statement is true or false
Processes that require high levels of customer interaction and customization ______.
a. experience little variability b. are exemplified by professional services (e.g., a lawyer’s services) c. are usually cheap d. benefit from economies of scale