What is the difference between a current refunding and advance refunding?
What will be an ideal response?
Current refunding exists when new debt is issued and the proceeds are used to call the existing debt.
Advance refunding exists when the proceeds are placed in an escrow account pending the call date or the maturity date of the existing debt.
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The Orbus company has a 30,000 unrealized gain and a 10,000 unrealized loss. Where would Orbus company report these transactions?
a. only in non-current assets and liabilities. b. in stockholders' equity. c. other comprehensive income d. on the balance sheet as a current asset
Self-improvement tips include:
a. review your goals once a month. b. involve no one but yourself. c. start large; try to do everything at once. d. None of the answers are correct.
Discuss and explain the three criteria that a core competence must meet if it is to create value and to provide a viable basis for synergy among the businesses in a corporation.
What will be an ideal response?
Notes and certificates of deposit are orders to pay money to a third person
Indicate whether the statement is true or false