starboy6830 starboy6830
  • 15-04-2020
  • Business
contestada

A sinking fund is managed by a trustee for which purposes?

Respuesta :

jitushashi120 jitushashi120
  • 20-04-2020

Answer:

Early bond redemption

Explanation:

Sinking fund: It is money reserved to pay the debt of bond issued to raise funds. Money is saved each month to debt in future. It is a strategic step taken by corporate to bear the emergency expense of the future. The term sinking fund is referred to show the paid off debt and decreasing the level of debt of the company. It is managed with the purpose of early bond redemption.

Answer Link

Otras preguntas

When was the first e-mail sent?
What three types of reforms did Luther want for the Catholic Church
word feature that is used to change the amount of blank space between lines of text
2x^2+10x+12=0 factor with steps
Select the statement that beat describes gravity.
What is the perimeter of the figure shown? A)22ft B)84ft C)30ft D)36ft
What cell structure that is made of dna that gives the master instructions for the cell
How much heat is released when 47.50 g of CH4 (g) is burned in excess oxygen gas to produce carbon dioxide and water?
which country was the first european nation to participate in the slave trade
2 cars are driving in a highway.car A starts 10 miles ahead of car B.Car A is driving at a speed of 55 miles per hour.car B is driving at a speed of 60 miles pe