As of January 2016,American Airlines Had a Standard and Poor's

question 101

Multiple Choice

As of January 2016,American Airlines had a Standard and Poor's (S&P) bond rating of

• A) A.
• B) AA.
• C) BB.
• D) CCC.
• E) CC.

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Definitions:

Opportunity Cost

This represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often compared to its market value.

CCA Depreciation

CCA Depreciation, or Capital Cost Allowance depreciation, is a method of depreciation used for tax purposes in Canada, allowing businesses to deduct the cost of capital assets over a period of time.

Straight-Line Depreciation

A plan for parceling out the expense of a physical asset throughout its active life in uniform yearly amounts.