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Jieda Co. issued 10 000 000 yuan of 15%, 10-year bonds at a price of 96%. On the same

date Lide Co. issued 10 000 000 yuan of 12%, 10-year bonds at 100%. These facts indicate that ().

A、the total cost of borrowing over the 10-year life of the bond issue will be the same for both corporations.

B、the annual interest expense incurred by Jieda Co. will be equal to annual cash payments to bondholders.

C、Lide Co. appears to be a stronger company financially than Jieda Co.

D、the Jieda Co. bonds are convertible into common stock.

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更多“Jieda Co. issued 10 000 000 yu…”相关的问题
第1题
A Corporation issued a 100% stock dividend of its common stock which had a par value o
f $10 before and after the dividend. At what amount should retained earnings be capitalized for the additional shares issued? ()

A、There should be no capitalization of retained earnings.

B、Par value

C、Market value on the declaration date

D、Market value on the payment date

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第2题
Fill in the contract form. in English with information gathered from the following corre

spondences: (20%)

Mail 1

Mar 3, 2021

Qingdao King Industrial & Trading Co.

Dear Sirs,

We thank you very much for your hospitality in your booth at the TEXTILES Fair 2021 in Frankfurt.

We are interested in table cloth Art. No.1001 in the packing of 20 pcs per box. The quantity will be one 20-foot container for a start.

Therefore, you are kindly requested to give us your best price rather than USD10.10 per box quoted at the Fair so that we can send you our order for prompt shipment.

We await your early reply with best regards.

Yours truly,

Boston Trading Co. Ltd., USA

Mail 2

Mar 5, 2021

Boston Trading Co. Ltd., USA

Dear Sirs,

It was a pleasure to meet you at the TEXTILES Fair 2021 and to receive your enquiry for our table cloth.

In fact, the price we quoted at the Fair is already the most favorable one. However, in order to save time and to start business, we will further lower our price as follows:

TABLE CLOTH ART. NO. 1001 AT USD 10.00/BOX CIF BOSTON

We are sure this will be acceptable to you. Let us start our business and we will offer you our best service.

We look forward to your early reply.

Yours faithfully,

Qingdao King Industrial & Trading Co.

Mail 3

Mar 6, 2021

Qingdao King Industrial & Trading Co.

Dear Sirs,

We thank you for your E-mail and new price, which we expected to be lower but will accept, noting that this is the first deal between us.

We would also like to order table cloth Art. No.2002 in 10-pc per box at the price of USD 12.50/box. Please confirm. Therefore, our order is as follows:

One 20-foot container of TABLE CLOTH ART. NO. 1001

One 20-foot container of TABLE CLOTH ART. NO. 2002

Packed in paper boxes of 20 pcs and 10 pcs respectively, 50 boxes to a carton respectively.

Shipment from Qingdao to Boston.

Please inform. us roughly how many cartons can be loaded in a 1X20’ container.

Please also inform. us of your payment terms and the earliest shipment date. We are awaiting your good service,high quality and the fine packing as you promised at the Fair, to enable both of us to build a good cooperation to our mutual benefit.

Yours truly,

Boston Trading Co. Ltd., USA

Mail 4

Mar 7, 2021

Boston Trading Co. Ltd., USA

Dear Sirs,

We thank you for your new order, but we find your price for 10 pcs/box table cloth of USD12.50 per box is too low. Our calculation points to USD12.80 per box. But in order to start, we think we can accept USD12.70/box. If you agree, we will fax you our Sales Contract for your signature.

Shipping marks are at our option.

Payment: by a confirmed, irrevocable Letter of Credit in our favor, payable by draft at sight.

Insurance is to be covered by us for 110% of the invoice value against All Risks.

Delivery: within 30 days after receiving the relative L/C.

For your information, according to our calculation, a 20-foot container can hold 600 cartons of 10-pc boxes or 300 cartons of 20-pc boxes.

Yours faithfully,

Qingdao King Industrial & Trading Co.

Mail 5

Mar. 8, 2021

Qingdao King Industrial & Trading Co.

Dear Sirs,

Thanks for your E-mail. We regret we are unable to accept USD12.70 for 10–pc boxes. The best we can do is USD12.60/box, for the start of our cooperation.

As we indicated earlier, you should accept the above price, taking into consideration the higher cost of freight at our expense.

Payment and date of shipment are acceptable. Please entertain our bid, so that we can proceed with the opening of the relevant L/C.

Yours sincerely,

Boston Trading Co. Ltd., USA

Mail 6

Mar. 10, 2021

Boston Trading Co. Ltd., USA

Dear Sirs,

As the cost of raw material is increasing sharply these days, we are facing big problems. Please appreciate our position.

However, in order to start the ball rolling, we accept your price for table cloth in 10-pc boxes at USD12.60/box. We are enclosing our S/C No. QK2021UB100. Please sign and return one copy for our file.

Also enclosed is our banking information. Please establish the covering L/C as soon as possible and fax us a copy of it for our reference.

We are glad to have concluded this initial transaction with you. We hope this would mark the beginning of a long-standing and steady business relationship between us.

Yours sincerely,

Qingdao King Industrial & Trading Co.

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第3题
In 1862 Lincoln issued the Emancipation Proclamation.()
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第4题
A Permit to Proceed is issued by the ______.A.CCSB.CCICC.MSA OF CHINAD.Department of Labor

A Permit to Proceed is issued by the ______.

A.CCS

B.CCIC

C.MSA OF CHINA

D.Department of Labor

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第5题
On June 30, 2007, when Strong Co.'s stock was selling at ¥65 per share, its capita

A.¥3,000,000.

B.¥3,600,000.

C.¥6,000,000.

D.¥7,800,000.

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第6题
Caprice Corporation was organized on January 1 and issued 500,000 shares of common st
ock on that date. On July 1, an additional 200,000 shares were issued for cash. Net income for the year was $1,440,000. Net earnings per share amounted to ().

A、$2.88.

B、$2.50.

C、$2.06.

D、$2.40.

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第7题
An 8% $30 million convertible loan note was issued on 1 April 20X5 at par. Interest is

A.$5,976,000

B.$1,524,000

C.$324,000

D.$9,000,000

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第8题
When bonds are issued at a discount, the borrower must pay more at maturity than the a
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第9题
81_____ is a receipt issued by a carrier for merchandise to be delivered to a party at som

81 _____ is a receipt issued by a carrier for merchandise to be delivered to a party at some destination. A. Proforma invoice

B. Inspection certificate

C. Packing list

D. Bill of lading

E. None of the above

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第10题
_____ is a receipt issued by a carrier for merchandise to be delivered to a party at some
destination.

A Proforma invoice

B Inspection certificate

C Packing list

D Bill of lading

E None of the above.

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