When a Company Collects the Face Value of a Bond

question 102

True/False

When a company collects the face value of a bond investment at maturity,total assets increase.

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Definitions:

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, usually a fiscal quarter or year.

Statement of Cash Flows

A financial report that offers comprehensive details on all cash receipts and expenditures a company incurs from its operational activities and external funding sources.

Statement of Stockholders' Equity

A financial document that shows the changes in the value of a company's equity over a reporting period.

Cash

Liquid assets held by a company or individual, used for transactions or as a reserve for future needs.