[单选题]
When issuing new bonds what would be the primary reason for a debt covenant limitingthe firm’s future level of debt?
A .To cause the firm’s share price to rise
B .To lower the company’s credit rating
C .To reduce issue costs
D .To reduce the coupon rate
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .Which of the following is an example of an asset that would never qualify forcapitalisation of borrowing costs under IAS 23 Borrowing Costs?
A Intangible assets B Financial assets C Manufacturing plants D Power generation facilities
题型:
单选题
提问时间:
2021-08-24
2 .Which qualitative characteristic is applied by IAS 23 Borrowing Costs to thecapitalisation of borrowing costs?
A Consistency B Timeliness C Materiality D Understandability
题型:
单选题
提问时间:
2021-08-24
3 .QI in incurring expenditure on project 275 which meets the definition of a qualifying asset, inaccordance with IAS 23 Borrowing Costs. The company has the following debt components:(1) 6% USD 100,000 debt used specifically to finance project 274.(2) 7% USD 500,000 preference share capital.(3) 10% USD 80,000 short-term loan.(4) 4% USD 200,000 convertible debt.What capitalisation rate would QI apply to expenditure incurred on project 275?
A 7% B 6.75% C 6.54% D 4%
题型:
单选题
提问时间:
2021-08-24
4 .下列关于《基本规范》要求企业建立内部控制体系时应符合的目标的说法中，正确的有（ ）。
A 提高经营效率和效果 B 促进企业实现发展战略 C 合理保证企业经营管理合法合规 D 合理保证企业资产安全
题型:
多选题
提问时间:
2021-08-24
5 .What is a major advantage of issuing long-term debt?
A Increased financial flexibility B The reduction in profit before tax C Decreased financial risk D The reduction of shareholders’ control over the company
题型:
单选题
提问时间:
2021-08-24
7 .Bander Co is determining how to finance some long-term projects. Bander has decided that itprefers the flexibility of no fixed servicing cost, no fixed maturity date and an increase in thecredit rating of the company.Which of the following would best meet Bander’s financing requirements?
A Irredeemable bonds B Ordinary shares C Long-term bank loans D Preference shares
题型:
单选题
提问时间:
2021-08-24
8 .Which of the following statements is/are correct regarding corporate debt and equitysecurities?(1) Both debt and equity holders have an ownership interest in the company.(2) Both debt and equity securities have an obligation to pay income.
A 1 only B 2 only C Both 1 and 2 D Neither 1 nor 2
题型:
单选题
提问时间:
2021-08-24
9 .Which of the following types of bonds is most likely to maintain a constant marketvalue?
A Zero-coupon B Floating-rate C Irredeemable D Convertible
题型:
单选题
提问时间:
2021-08-24
10 .A company currently has 1,000 ordinary shares in issue and no debt. It has the choice ofraising an additional $100,000 by issuing 9% long-term debt, or issuing 500 ordinary shares.The company has a 40% tax rate.What level of earnings before interest and taxes (EBIT) would result in the sameearnings per share (EPS) for the two financing options?
A $27,000 B $21,000 C $18,000 D $10,800
题型:
单选题
提问时间:
2021-08-24
