What the purpose of a discount price for bonds is to

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Problem 1: Ling Company has $500,000 in total assets, $200,000 in total liabilities and $300,000 in shareholders' equity. Which of the following statement is incorrect?

Select one:

a. All of the available choices

b. Debt-to-Equity Ratio is 0.67 to 1

c. Debt-to-Total-Assets Ratio is 0.4 to 1

d. Current Ratio is 0.3 to 1

Problem 2: The purpose of a discount price for bonds is to:

Select one:

a. Increase profits

b. Comply with government regulations

c. Compensate the issuer for lost interest

d. Compensate the investor for lost interest

Reference no: EM132943325

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