[wally620]

From the standpoint of the issuing company a disadvantage of using bonds as a means of long term finacing is that
A bond interest is deductible for tax purposes
B interest must be paid on a periodic basis regardless of earnings
C income to stockholders may increase as a result of trading on the equity
D the bondholders do not have voting right
I would say b is the answer

[wally620]

a bond with a face value 100,000 and a quoted price of 102 1/4 has a selling price of

[wally620]

If a bond is issued at a discount it means that
A financial strength of the issuer is suspect
B market interest rate is higher than the contratual interest rate
C market interest rate is lower than the contractual interest rate
D bond holderswill receive effectivly less interest than the contractual rate of interest

[Curlyben]

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[wally620]

Which of the following phrases is not descriptive of the corporate form of business
A professional managemwnt
B double taxation on distributed earnings
C unlimited liability
D continuous existence

[wally620]

if no par stock is issued without a stated value then
a the par value is automatically 1 dollar a share
b the entire proceeds are considered to be legal capital
c there is no legal capital
d the corporation is automatically in violation of its state charter

[wally620]

If a bond is issued at a discount it means that
A financial strength of the issuer is suspect
B market interest rate is higher than the contratual interest rate
C market interest rate is lower than the contractual interest rate
D bond holderswill receive effectivly less interest than the contractual rate of interest