If a company sells its bonds at more than face value, the effective interest rate is
A) less than the contract interest rate.
B) more than the contract interest rate.
C) less than the yield rate.
D) more than the yield rate.
A
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What does business process reengineering involve?
A. Managing information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability. B. Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability. C. Analyzing and redesigning workflow within and between enterprises. D. Integrating all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations.
The financial balances for the Atwood Company and the Franz Company as of December 31, 2018, are presented below. Also included are the fair values for Franz Company's net assets. Atwood FranzCo. FranzCo.?(all numbers are in thousands) Book value Book value Fair value 12/31/2018 12/31/2018 12/31/2018Cash$870 $240 $240 Receivables 660 600 600 Inventories 1,230 420 580 Land 1,800 260 250 Buildings (net) 1,800 540 650 Equipment (net) 660 380 400 Accounts payable (570) (240) (240)Accrued expenses (270) (60) (60)Long-term liabilities (2,700) (1,020) (1,120)Common stock ($20 par) (1,980) Common stock ($5 par) (420) Additional paid-in
capital (210) (180) Retained earnings (1,170) (480) Revenues (2,880) (660) Expenses 2,760 620 ??Note: Parenthesis indicate a credit balance??Assume an acquisition business combination took place at December 31, 2018. Atwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Franz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid.?Compute consolidated revenues immediately following the acquisition. A. $1,170. B. $2,880. C. $3,540. D. $1,650. E. $4,050.
Saddleback Company paid off $30,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?
A. Liabilities, $30,000 decrease; equity, $30,000 increase. B. Assets, $30,000 decrease; equity $30,000 decrease. C. Assets, $30,000 decrease; liabilities, $30,000 decrease. D. Assets, $30,000 decrease; liabilities, $30,000 increase. E. Assets, $30,000 increase; equity, $30,000 increase.
Decreases in stockholders' equity from using up assets or consuming services attributable to business activities are called ________
a. dividends b. liabilities c. revenues d. expenses