Terms related to long-term debt. Place the letter of the best matching phrase before each word. 1. Indenture 6. Times Interest Earned Ratio 7. Mortgage 8. Premium on Bonds 9. Reacquisition Price 10. Market Rate 2. Refunding 3. Bonds Issued at Par 4. Carrying Value 5. Nominal Rate a. Requires that bond discount be reported in the balance sheet as a direct deduction from the face of the bond. . The interest paid each period is the effective interest at date of issuance. d. Rate of interest actually earned by the bondholders. e. Results when bonds are sold below par. f. Results when bonds are sold above par. g. The replacement of an existing bond issuance with a new one. h. Price paid by issuing corporation for its own bonds. i. Book value of bonds at any given date. į Ratio of current assets to current liabilities. k. The bond contract or agreement. I. Indicates the company's ability to meet interest payments as they come due. m. Ratio of debt to equity. n. Exclusive right to manufacture a product. o. A document that pledges title to property as security for a loan.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Terms related to long-term debt.
Place the letter of the best matching phrase before each word.
1.
Indenture
6.
Times Interest Earned Ratio
Refunding
Bonds Issued at Par
2.
7.
Mortgage
3.
8.
Premium on Bonds
Carrying Value
Nominal Rate
4.
9.
Reacquisition Price
5.
10.
Market Rate
Requires that bond discount be reported in the balance sheet as a direct deduction from the face of the bond.
b.
a.
Rate set by party issuing the bonds which appears on the bond instrument.
The interest paid each period is the effective interest at date of issuance.
d.
C.
Rate of interest actually earned by the bondholders.
Results when bonds are sold below par.
f.
e.
Results when bonds are sold above par.
The replacement of an existing bond issuance with a new one.
g.
h.
Price paid by issuing corporation for its own bonds.
Book value of bonds at any given date.
Ratio of current assets to current liabilities.
i.
k.
The bond contract or agreement.
1. Indicates the company's ability to meet interest payments as they come due.
Ratio of debt to equity.
m.
n.
Exclusive right to manufacture a product.
o.
A document that pledges title to property as security for a loan.
For the toolbar, press ALT+F10 (PC) or ALT+EN+F10 (Mac).
Transcribed Image Text:Terms related to long-term debt. Place the letter of the best matching phrase before each word. 1. Indenture 6. Times Interest Earned Ratio Refunding Bonds Issued at Par 2. 7. Mortgage 3. 8. Premium on Bonds Carrying Value Nominal Rate 4. 9. Reacquisition Price 5. 10. Market Rate Requires that bond discount be reported in the balance sheet as a direct deduction from the face of the bond. b. a. Rate set by party issuing the bonds which appears on the bond instrument. The interest paid each period is the effective interest at date of issuance. d. C. Rate of interest actually earned by the bondholders. Results when bonds are sold below par. f. e. Results when bonds are sold above par. The replacement of an existing bond issuance with a new one. g. h. Price paid by issuing corporation for its own bonds. Book value of bonds at any given date. Ratio of current assets to current liabilities. i. k. The bond contract or agreement. 1. Indicates the company's ability to meet interest payments as they come due. Ratio of debt to equity. m. n. Exclusive right to manufacture a product. o. A document that pledges title to property as security for a loan. For the toolbar, press ALT+F10 (PC) or ALT+EN+F10 (Mac).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting for Long-term liabilities
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education