Assessment

How does a global economy impact you?

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

Assume that the current price of a stock is $80 and that 1 year from now the stock will be worth either $90 or $75. The exercise price of a call option for this stock is $74.

The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017.

The bond has a coupon rate of 6.05 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A clean price of $971 and the par value is $1,000. What is the invoice price

Annual sales are A. An average of quarterly sales B. A projection of quarterly sales C. A Total of quarterly sales D. Sales above and beyond any quarterly sales (I think the answer is D)

All of the following are true of the effect of fair value accounting on the financial statements except a. changes in the fair value of trading securities are recognized on the income statement b.

Are morality & ethics the same thing?

Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $10,000 not due for three years. The interest rate on the note is 7%.

John recently accepted a job in the marketing department with the burbank bagel boys. after just a few days on the job, john learned that the company has many layers of management, and seems to have a rule to cover almost every situation.

Leilani enters into a contract with Metro Taxi Company to work as a cabdriver. Under the plain meaning rule, if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from a. any relevant extrinsic evidence. b.