answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentinak56 [21]
2 years ago
3

Charlie Chicken Restaurants announced it plans to issue $300 million in debenture bonds to fund the expansion of its fast food c

hain of restaurants. In financial terms, this means
a) the corporation will borrow $300 million worth of long-term financing. The bond issue will not carry any collateral
b) the corporation will lssue $300 million worth of equity financing. The bond issue will be backed by the property and buildings purchased with the funds
c) the corporation will borrow $300 million worth of long-term financing. The issue will be becked by the property and buildings purchased with the funds bonds.
d) financiers will be paid from the revenues created by the individusi franchises
the corporation will issue $300 million worth of interest-free
Business
1 answer:
PtichkaEL [24]2 years ago
5 0

Answer:

A) the corporation will borrow $300 million worth of long-term financing. The bond issue will not carry any collateral

Explanation:

In this case, a debenture bond is debt issued by Charlie Chicken Restaurants that doesn't have any type of collateral. It is not backed up by any asset or property. Debenture bonds are recorded as liabilities in the balance sheet. They are similar to personal loans for individuals, since they are a way of raising money based on the "credit rating" of the corporation.

You might be interested in
Paul worked as an artisan at a furniture company where a set of artisans were required to produce a specific part of a product,
SpyIntel [72]

Answer:

Challenge

Explanation:

Challenge is considered as an entrepreneurial advantage because it tend to 'force' people to actively improve themselves and find out inventive way to solve a problem.

When people feel that their job is not challenging enough, overtime they will feel that their activities become stale and boring. This will lead to the situation where they become unmotivated to even to come to work.

Having enough challenge at your work will keep you curious.

Like Paul, your work will make you feel excited and strive to prove yourself. This will make you constantly try to adapt to new things and keep improvising your craft.

6 0
2 years ago
LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to
VladimirAG [237]

Answer:

$739.72 ≈  739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

  • fv = $1,000
  • pmt = $1,000 x 7.25% x 1/2 = $36.25
  • nper = 60
  • rate = 10% / 2 = 5%
  • present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0
2 years ago
In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the ________
shutvik [7]
In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the problem recognition stage of the buying decision process. The problem recognition stage is realizing you have to make the purchase versus deciding to make the purchase of something. 
3 0
2 years ago
Which of the following are not legitimate constraints on the dividends a firm will pay to​ shareholders?
Arada [10]

Answer:

D. All are legitimate constraints on the dividends that firms choose to pay to shareholders.

Explanation:

All of these are legitimate constraints.

For A, a company may simply have limited cash flows and as such can not pay any dividends. They may still be making profits and may declare dividends but the payment may not be made until subsequent period when cash is available.

For B, Bondholder covenants legally bind firms as issuing authorities from certain practices, for example a bond covenant may bind a firm to have interest cover of at least 2 times retained and as such there may be very little retained earnings left to pay for dividends.

For C, some forms of businesses like insurance companies or banks are restricted by law that they can not pay dividends if it means a capital reduction. These businesses have legal capital requirements that they must maintain and thus they cannot reduce capital in lieu of making dividend payments.

Hope that helps.

8 0
2 years ago
While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good
leonid [27]

Answer:

A. Nonprogrammed; reflective; programmed; reactive

Explanation:

Programmed decisions are those which occur more frequently and are quickly executed, almost instinctly, without needing much of a thought process, by what we call the reactive system.

Nonprogrammed decisions are those that present unusual or new situations and require a deeper reflection and understanding of the issue. Those are processed via the reflective system in the brain.

Therefore, the correct answer is A. Nonprogrammed; reflective; programmed; reactive

5 0
2 years ago
Read 2 more answers
Other questions:
  • Ana is thinking about putting $200 in a savings account that earns 4% interest compounded semiannually. She wants to keep that m
    11·2 answers
  • Suppose you've estimated that the fifth-percentile value at risk of a portfolio is 230%. now you wish to estimate the portfolio'
    11·1 answer
  • At the end of the week, Carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings
    12·1 answer
  • Un Company sold office equipment with a cost of $23,000 and accumulated depreciation of $12,000 for $14,000. Required a. What is
    10·1 answer
  • Suppose the production function in medieval Europe is Y = K0.5L0.5,where K is the amount of land and L is the amount of labor. T
    9·1 answer
  • When Arturo Gomez opened his Mexican restaurant in a fashionable suburb of Kansas City, he believed that the most important elem
    6·1 answer
  • Ms. Frank is planning for a 25-year retirement period and wishes to withdraw a portion of her savings at the end of each year. S
    5·1 answer
  • George runs a small retail business. He sells brands that another business manufactures. George’s retail store uses the logos an
    5·1 answer
  • A robust ______________ can go a long way to reducing project problems over the life of the project and will establish how, when
    12·1 answer
  • Consider an automated cash deposit machine in which users provide a card or an account number to deposit cash. Give examples of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!