To reduce the cost of long-term borrowing, a corporation with a below average credit rating could:
A: issue asset backed securities.
B: decrease credit enhancement.
C: increase debt outstanding.
A: issue asset backed securities.
B: decrease credit enhancement.
C: increase debt outstanding.
举一反三
- Which one of the following statements is correct? A: An increase in an asset is a debit and an increase in an expense is a credit B: An increase in capital is a debit and an increase in a liability is a credit C: An increase in an expense is a debit and a reduction in an asset is a credit D: A reduction in a liability is a debit and an increase in an expense is a credit
- Which of the following statements is true? A: A debit records an increase in liabilities. B: A debit records a decrease in assets. C: A credit records an increase in liabilities. D: A credit records an decrease in capital.
- _________________increase and decrease long-term liabilities and equity, Øincluding borrowing money and paying off loans
- The purchase of office supplies on account will: ( ). A: Increase an asset and decrease a liability B: Increase one asset and decrease another asset C: Increase an asset and increase a liability D: Decrease an asset and decrease a liability
- Matthew Company purchases a trading security for $12,000 cash. The journal entry to record this transaction will include a: A: debit to the Investment in Trading Securities account and a credit to Cash. B: debit to Cash and a credit to the Investment in Trading Securities account. C: debit to Long-term Investment and credit Cash. D: debit to Dividend Revenue and credit to Cash.