Match Each of the Following Terms with the Appropriate Definitions

question 225

Multiple Choice

Match each of the following terms with the appropriate definitions.
-Bonds that have specific assets of the issuer pledged as collateral.

• A)Secured bonds
• B)Sinking fund bonds
• C)Carrying value
• D)Serial bonds
• E)Bond indenture
• F)Annuity
• G)Premium on bonds
• H)Contract rate
• I)Debt-to-equity ratio
• J)Callable bonds

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Definitions:

Comprehensive Income

The change in equity of a company during a period from transactions and other events excluding any changes resulting from investments by and distributions to owners.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, essentially representing the owners' claim against the company's assets.

Comprehensive Income

The total change in equity for a reporting period other than transactions from owners, including all revenues, gains, expenses, and losses.

Total Assets

The sum of all assets owned by a company, as reported on the balance sheet, that are expected to provide future economic benefits.