Author Question: Junk bonds typically have an interest rate of between 3 and 5 percent more than AAA-rated long-term ... (Read 62 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
Junk bonds typically have an interest rate of between 3 and 5 percent more than AAA-rated
  long-term debt.
 
  Indicate whether the statement is true or false

Question 2

The best way to adjust for the presence of fixed costs when using the simplified approach for pro forma income statement preparation is ________.
 
  A) to proportionately vary the fixed costs with the change in sales
  B) to adjust for projected fixed-asset outlays
  C) to disproportionately vary the costs with the change in sales
  D) to break the firm's historical costs into fixed and variable components



ktidd

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library