When a company retires bonds before their due date, it is referred to as debt extinguishment

Indicate whether the statement is true or false.

Answer: TRUE

Business

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The External Funds Needed (EFN) equation does not measure the:

A. additional asset requirements given a change in sales. B. additional total liabilities raised given the change in sales. C. rate of return to shareholders given the change in sales. D. net income expected to be earned given the change in sales. E. None of the above.

Business

A broker must return or interplease disputed earnest money within 30 days.

a. true b. false

Business