Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a sinking fund is useful to a corporation because:

A sinking fund is useful to a corporation because: Question 1Select one: ...

90.2K

Verified Solution

Question

Accounting

A sinking fund is useful to a corporation because:
Question 1Select one:
A.
they are simple and easy to monitor.
B.
it provides the corporation with the option to buy the bonds back at the lower of face value or market price.
C.
the corporation does not have to worry about paying the bondholders.
D.
the payments to the sinking fund are not necessary when the firm is in financial difficulty.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Evaluate lim x approaches 0+ x^x^x

Basic Math
Q

According to test data, a new type of engine takes in streams of water at 200...

Mechanical Engineering
Q

6) A tapered surface is to be turned on an automatic lathe. The work piece is...

Mechanical Engineering
Q

6. A and B are playing a short game of ping pong where A serves 3...

Basic Math
Q

Identify Campbell Company SWOT analysis that is relevant to the company. Based on this SWOT analysis...

General Management
Q

Volume Charge Filled in a Capacitor A parallel plate capacitor filled with a uniform volume...

Physics
Q

Find acceleration of block in given figure 1 6 m s 3 1 m s...

Physics
Q

Each of the regions A B and C bounded by the graph of f and...

Geometry
Q

The average retirement age in America is 63 years old Do small business owners retire...

Statistics
Q

Structuring a Keep-or-Drop Product Line Problem with Complementary Effects Shown below is a...

Accounting
Q

Whirly Corporation's contribution format income statement for the most recent month is shown below: ...

Accounting
Q

Matthew Lake and John Russell, attorneys-at-law, are partners with the firm of Lake Russell \&...

Accounting