Bond covenants - Study guides, Class notes & Summaries

For book-building purposes, which SEC forms are used to track transactions by corporate insiders? correct answers Form 3, 4 and 5 track insider stock purchases and sales activities. They help identify an issuer's current shareholders who are insiders, for book-building purposes Any branch office that supervises 1 or more branch locations must be inspected for compliance at least every correct answers 1 year; each member firm must inspect at least annually ever branch office that supervises 1...

Chapter 14 - Intermediate Accounting The covenants and other terms of the agreement between the issuer of bonds and the lender are set forth in the A. bond indenture. B. bond debenture. C. registered bond. D. bond coupon. - correct answer A. bond indenture. The covenants and other terms of the agreement between the issuer of bonds and the lender are set forth in the bond indenture. The interest rate written in the terms of the bond indenture is known as the A. effective rate. B. ...

Characteristics of preferred stock includes - Answer--dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends - Answer-can go without payment and pay in arrears the following year Characteristics of common stock are - Answer--voting ...

Accounting - correct answer The system of recording, reporting, and summarizing past financial information and transactions. Accounts Receivable Turnover (AR Turnover) - correct answer An activity ratio found by credit sales divided by accounts receivable. Activity Ratios - correct answer A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. Additional Funds Needed (AFN) - correct ans...

Characteristics of preferred stock includes - -dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends - can go without payment and pay in arrears the following year Characteristics of common stock are - -voting rights -no maturity date...

CFA Level 1 - Fixed Income question and answers 100% correct 2024 Bond Indenture - correct answer Contract that specifies all the rights and obligations of the issuer and owners of a fixed income security. Negative Covenants - correct answer Prohibitions on the borrower. Affirmative Covenants - correct answer Actions that the borrower promises to perform. Maturity or Term to Maturity - correct answer Length of time until loan contract or agreement expires. Remaining life of bond. ...

earnings yield correct answers EPS/Price or 1/PE P/E correct answers Price/ EPS Operating Leverage correct answers High levels of operating leverage exist when a firm's cost structure is primarily made up of fixed costs with low corresponding variable costs. This means that for a $1 increase in sales, the net income of the firm will rise substantially because there is little variable cost (cost of goods sold) to reduce their profitability. Valuable info of fairness opinion correct answ...

Characteristics of preferred stock includes - Answer--dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends - Answer-can go without payment and pay in arrears the following year Characteristics of common stock are - Answer--voting righ...

Accounting - The system of recording, reporting, and summarizing past financial information and transactions. Accounts Receivable Turnover (AR Turnover) - An activity ratio found by credit sales divided by accounts receivable. Activity Ratios - A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. Additional Funds Needed (AFN) - Another name for the discretionary financing needed or exte...

1. The system of recording, reporting, and summarizing past financial infor- mation and transactions. ANS Accounting 2. An activity ratio found by credit sales divided by accounts receivable. ANS Ac- counts Receivable Turnover (AR Turnover) 3. A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and prof- itability. ANS Activity Ratios 4. Another name for the discretionary financing needed or external fin...