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Match the items below by entering the appropriate letter in the space provided. a - Market interest rate b - Times interest earned ratio C
Match the items below by entering the appropriate letter in the space provided. a - Market interest rate b - Times interest earned ratio C - Operating ine of credit d - Unsecured debt e-Discount (on bonds payable) f - Mortgage g - Redeemable bonds h - Financial liability i - Payroll deductions j - Contingent liabilities Bonds subject to retirement at a stated dollar amount prior to maturity at the option of the issuer. 1. g 2. f A long-term secured loan that pledges property as collateral. 3. c. 4 Pre-authorization by the bank to borrow money, up to a pre-set limit. 4. j Existing or possible obligations arising from past events. 5. b 6. h 4 A measure of a company's solvency. 7. a A form of financial instrument represented by a contractual obligation to pay cash in the future. 8. d The rate investors demand for loaning funds to a corporation. 9. e 10.1 Debt, such as notes or bonds, that has been issued against the general credit of the borrower. 4 Occurs when the coupon interest rate is less than the market interest rate. Deductions from gross pay to determine the amount of a paycheque
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