You have new items in your feed. Click to view.
Question and answer
Discuss the advantages and disadvantages in regards to financing with bonds.
You can benefit from bond financing programs because they offer a cost-effective way to finance real estate and equipment. Lower rates and flexible terms keep you competitive while providing a smart solution for the refinancing of debt. [ You also win by taking advantage of the opportunity to obtain tax-exempt bonds. Disadvantage of bonds is that they are only as good as the borrower's ability
to pay the loans back. If the issuers of the bonds cannot pay back what they agreed to, the bonds will default. It is also a disadvantage if bonds are repaid early in a bond mutual fund. ]
Expert answered|zaldy|Points 40|
Question
Asked 3/21/2012 5:25:12 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is contingent liability?
Weegy: Contingent liabilities are liabilities that may or may not be incurred by an entity depending on the outcome of a future event such as a court case. [ These liabilities are recorded in a company's accounts and shown in the balance sheet when both probable and reasonably estimable. A footnote to the balance sheet describes the nature and extent of the contingent liabilities. The likelihood of loss is described as probable, reasonably possible, or remote. The ability to estimate a loss is described as known, reasonably estimable, or not reasonably estimable. ] (More)
Question
Expert Answered
Asked 3/14/2012 6:43:44 PM
0 Answers/Comments
Explain current liabilities?
Weegy: Current liabilities is a balance sheet item which equals the sum of all money owed by a company and due within one year. also called payables or current debt. Read more: User: What is it important to distinguish between current and long-term liabilities? Weegy: Current liabilities are the obligations that are due within one year of the balance sheet’s date and will require cash payment or will need to be renewed. [ Knowing which liabilities will have to be paid within one year is important to lenders, financial analysts, owners, and executives of the company. (Current assets include cash and other assets that will turn to cash within one year. ] (More)
Question
Expert Answered
Asked 3/14/2012 6:34:40 PM
0 Answers/Comments
How are contingent liabilities accounted for verses contingent assets?
Weegy: Contingent liabilities A contingent liability is: (a) a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the [ control of the entity; or (b) a present obligation that arises from past events but is not recognised because: (i) it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or (ii) the amount of the obligation cannot be measured with sufficient reliability. An entity should not recognise a contingent liability. An entity should disclose a contingent liability, unless the possibility of an outflow of resources embodying economic benefits is remote. Contingent assets A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity. An entity shall not recognise a contingent asset. However, when the realisation of income is virtually certain, then the related asset is not a contingent asset and its recognition is appropriate. ] (More)
Question
Expert Answered
Asked 3/14/2012 6:46:51 PM
0 Answers/Comments
Should contingent liabilities be accounted for if we aren’t certain of the amount? Explain your answer.
Weegy: Due to the uncertainty of the future events, these assets are not placed on the balance sheet. However, they can be found in the company's financial statement notes. Read more: (More)
Question
Expert Answered
Asked 3/14/2012 7:07:24 PM
0 Answers/Comments
Should contingent liabilities be accounted for if we aren’t certain of the amount? Explain your answer.
Question
Not Answered
Updated 3/14/2012 7:35:13 PM
1 Answer/Comment
In accounting, a contingent liability and the related contingent loss are recorded with a journal entry only if the contingency is both probable and the amount can be estimated.

If a contingent liability is only possible (not probable), or if the amount cannot be estimated, a journal entry is not required. However, a disclosure is required.

When a contingent liability is remote (such as a nuisance suit), then neither a journal nor a disclosure is required.

Added 3/14/2012 7:35:13 PM
This answer has been added to the Weegy Knowledgebase
26,189,321 questions answered
Popular Conversations
Used in MLA style instead of noting each source at the bottom of the ...
Weegy: All fields of research agree on the need to document scholarly borrowings, but documentation conventions vary ...
9/24/2016 7:39:25 PM| 3 Answers
What are variable pay plans?
9/24/2016 1:46:45 AM| 1 Answers
Performance incentives include all the following EXCEPT Options ...
Weegy: Performance incentives include all the following EXCEPT? Performance incentives include all the following ...
9/24/2016 1:55:56 AM| 1 Answers
this vitamin includes eight different forms, all of which are ...
Weegy: Antioxidant is a substance that inhibits oxidation, especially one used to counteract the deterioration of ...
9/24/2016 6:48:14 AM| 1 Answers
Define mycosis
9/24/2016 7:01:15 AM| 1 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 936 [Total 5008] Ratings 2 Comments 916 Invitations 0 Offline
S
P
1
L
Points 663 [Total 1543] Ratings 5 Comments 613 Invitations 0 Offline
S
Points 205 [Total 499] Ratings 0 Comments 205 Invitations 0 Offline
S
Points 100 [Total 100] Ratings 0 Comments 100 Invitations 0 Offline
S
L
P
Points 97 [Total 1209] Ratings 0 Comments 97 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Online
S
L
P
P
P
Points 13 [Total 3875] Ratings 0 Comments 13 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.