Registered bond:
Registered bond is a type of bond which is registered in the name of owner. The bond displays the name and contact information of the owner which enables the company to pay the amount due to the person listed on bond.
Serial bond:
Serial bonds are bonds which matures in such a way that percentage of outstanding bonds mature at periodical interval of time.
Secured bond:
Secured bonds are bonds which are secured by the issuer’s promise or security. Here borrower gives assurance to the investor in order to protect the interest of bondholders.
Bearer bond:
Bearer bonds are bonds which are not registered in the name of bond owner. The person holding the bond is assumed to be the owner of bearer bond.
Convertible bond:
Convertible bonds are bond which gives a right to the bondholder to convert his bonds into specific number of shares of stock.
Bond indenture:
Bond indenture is a legal agreement between the bond holder and issuer of bond specifying the terms and conditions of the contracts.
Sinking fund bond:
Sinking fund bond means bond which require the issuer to maintain a separate account to set aside money in order to repay the investors on maturity date.
Debenture:
Debenture is an unsecured bond issued by companies in order to raise large amount of funds.
To identify: Given below are the statements matched with the appropriate term or phrase:
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Chapter 10 Solutions
FIN & MANAGERIAL ACCT VOL 2 W/CONNECT
- Vihat Tech is considering a project that will produce incremental annual sales of $250,000 and increase cash expenses by $160,000. If the project is implemented, taxes will increase from $29,000 to $33,000. The company is debt-free. What is the amount of the operating cash flow using the top-down approach? I want Answerarrow_forwardAt the end of last year, Harvey, a 25% partner in the four-person HRT partnership, had an outside basis of $28,000, which included his $12,000 share of HRT's debt. On January 1 of the current year, Harvey sells his partnership interest to Samuel for a cash payment of $20,000 and the assumption of his share of HRT's debt. HRT has no hot assets. What is the amount and character of Harvey’s recognized gain or loss on the sale? A. $4,000 capital loss B. $4,000 ordinary loss C. $4,000 capital gain D. $8,000 ordinary income answerarrow_forwardKindly help me with accounting questionsarrow_forward
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