Munchen company sold bonds at a premium. over the life of the bonds, the carrying value of the bonds will:__________

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Answer 1

Munchen company sold bonds at a premium. Over the life of the bonds, the carrying value of the bonds will decrease.

What are Bonds?

Bonds are high-security debt instruments that allow an organization to raise capital and meet capital needs. It's a type of debt that debtors obtain from private investors for a set period of time.

These securities have a face value that corresponds to their redemption cost. Additionally, during the holding period, the issuer pays the holders with coupons. There are many different types of bonds, including high-yield, zero-coupon, convertible, corporate, government, municipal, fixed-rate, floating-rate, and more.

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Related Questions

Jon is using _______ when he bases his decision to purchase textbooks on price, condition, and location. multiple choice question.

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Jon is using evaluative criteria when he bases his decision to purchase textbooks on price, condition, and location. Thus the correct option is B.

What is the Price?

A price is referred to as an amount paid by an individual on the purchase of any product. This price of a product is based on the factors like cost of production, packaging, promotion, and so on.

Evaluative criteria are referred to as a technique in which a decision or judgment is taken based on the factors of evaluation. In this case, John is taking a decision based on factors like price, condition, and location to purchase a textbook.

Therefore, option B  evaluative criteria are appropriate.

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The complete question is

Jon is using __________ when he bases his decision to purchase textbooks on price, condition, and location.

A. determinant attributes

B. evaluative criteria

C. habitual buying

D. personal preferences

Is the process of calculating the present value of a cash flow or a series of cash flows to be received in the future.

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Discounting is the process of determining the present value of a cash flow or series of cash flows to be received or paid in the future.

What is cash flow?

Cash flow refers to the net change in cash and cash equivalents coming into and leaving a business. Inflows and outflows are represented by money received and spent, accordingly.

Finding the present value of a payment or stream of payments that will be received in the future is the process of discounting. A dollar is worth more today than it would be tomorrow due to the time value of money. The main variable got utilized to price or amount a stream of future cash flows is discounting.

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Esecutive organizatiolan and clerical costs associated wit hthe general management of an organization are ___ costs

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Esecutive organizatiolan and clerical costs associated wit hthe general management of an organization are Administrative Costs

What do you mean by Administrative Costs?

Administrative expenditures, defined as the cost of administering business directions, are a significant expenditure. Costs come in two flavours: direct and indirect. While direct expenses are incurred during direct firm operations (such as sales or distribution), indirect costs supplement this. These indirect costs, which include administrative expenditures, allow people directly involved in company operations to fulfil their responsibilities instead of being distracted by other tasks. An example demonstrates this: rather than recording each marketing expense in a firm accounting system, the marketing department spends its budget and saves invoices. The accounting department, which accounts for the firm's finances as part of the total administrative expenditures, then compares these bills to corporate accounts.

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What will be the future value of $500 at the end of five years, if the annualized interest rate is 12 nd the frequency of compounding is monthly?

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Future Value = $908.34

Formula for FV = PV(1+r/n)^nt

where PV = present value

              r = annual rate of interest

              n = frequency of compounding in a year

               t = time in years

∴ Here, FV = $500(1+0.12/12)^12*5

            FV = $908.34

What is Future Value?

Future value (FV) is the value of an asset now based on an anticipated rate of increase in the future. Investors and financial planners use the future value to project how much an investment made now will be worth in the future. Investors can choose wisely based on their anticipated demands when they have knowledge of the future value. External economic forces, such as inflation, can hurt the asset's future worth by depreciating it, though.

Investors can anticipate the potential profit from various investments using the future value computation, however, the level of accuracy varies. The future value equation is used to assess various possibilities since retaining a given amount in cash will probably provide a different level of growth than investing the same amount in equities.

Depending on the asset's kind, figuring out its future worth can be challenging. A steady growth rate is also assumed for the estimation of future value. It is simple to calculate the future worth precisely if money is put into a savings account with a guaranteed interest rate.

Therefore, Investments in stocks or other securities with a more erratic rate of return, however, might be more challenging.

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Mobile shoppers also use barcode scanning apps as a mobile search engine for locating product reviews and price comparisons while shopping in stores. this practice is called ________.

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While shopping in shops, mobile customers utilise barcode scanning applications as a mobile search engine to get product reviews and pricing comparisons. This method is known as Showrooming

Showrooming is the activity of looking at products at a physical store or other offline location and subsequently purchasing them online, sometimes at a lesser cost. Because they do not have the same overhead costs as brick and mortar establishments, online retailers frequently offer lower prices.What does showroom conduct entail?We suggest that showrooming behaviour, which involves a customer visiting a physical store to try things before placing an order at an online retailer, can assist to lessen the product, procedural, and psychological concerns related to making a straight online purchase (Rapp et al., 2015).

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It is a good idea to have your entire day scheduled with no down time. True or false

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False, it is never a good idea to have our entire day scheduled with no downtime.

When we are deciding on the program for the entire day we are deciding about our future. The future is always uncertain no matter how much a person plans for it.  There will always be some circumstances that the person has not thought of before or not planned. These circumstances that are not thought of before are only called emergencies.

Maybe we can try to schedule our entire day but our day is also dependent on others. For example, Let's say we plan to leave our house and reach our college at 9.00. On the road to our college, there is the Chief Minister who is crossing. So we will be halted and we cannot reach the college on time. This is the reason why downtime is necessary.

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A ____ economic indicator tends to rise or fall a few months after business-cycle expansions and contractions

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A Lagging economic indicator tends to rise or fall a few months after business-cycle expansions and contractions.

What is a lagging economic indicator?

An observable or quantifiable quantity that varies some time after the economic, financial, or business variable with which it is connected changes is known as a lagging indicator. Trends and shifts in trends are confirmed by lagging indicators.

Lagging indications are helpful for determining the direction of the overall economy, for corporate operations and strategy, and as signals to purchase or sell assets on the financial markets.

A financial sign known as a trailing indicator appears after a significant shift has already occurred. Lagging indicators thus validate long-term trends but do not foretell them. This is important because a lot of leading indicators are frequently unstable, and short-term swings in them can hide turning moments or produce false signals.

Checking lagging indicators is one technique to determine whether an economic shift has truly taken place.

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A(n) ________ is a large group of software products that helps manage digital content in collaborative environments.

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A(n) content management system is a large group of software products that helps manage digital content in collaborative environments. content management system.

What is content management system?

Software used to control the generation and alteration of digital material is known as a content management system (CMS) (content management). ECM (Enterprise Content Management) and Web content management are two common uses for a CMS (WCM).

Document management, digital asset management, and record retention are frequently combined to serve numerous users in a collaborative setting.

As an alternative, WCM is the process of collaboratively creating websites, which can include text as well as embedded images, videos, audio, maps, and program code that interacts with users and displays content. Usually, a WCM function is part of ECM.

A content management application (CMA), which serves as the front-end user interface for a CMS, allows users to add, edit, and remove material from websites even with a minimum level of technical knowledge.

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When interest rates increase, the opportunity cost of holding money will ________, and the quantity of money demanded by households and firms will ________.

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'When interest rates increase, the opportunity cost of holding money will decrease and the quantity of money demanded by households and firms will increase.

In microeconomic theory, the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity compared to engaging in an alternative activity. Simply put, once you have decided on an activity, you give up the possibility of choosing another option.

Opportunity Cost Law: Increasing the production of one good increases the opportunity cost of producing additional goods. First, remember that opportunity cost is the value of the next best option when making a decision. it is something to give up.

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Purchasing an insurance policy is an example of the ____________ risk management strategy.
a. reduce
b. avoid
c. transfer
d. accept

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Purchasing an insurance policy is an example of the transfer risk management strategy

Risk transfer refers to that risk management technique in which the  risk is transferred to any third party. In other and simple words  risk transfer involves one party which assumes the liabilities of another party. Purchasing insurance is a common example of transferring risk from any individual or any entity to an insurance company.

Risk transfer is  also a common risk management technique where the potential loss arising  from any adverse outcome faced by an individual and entity is shifted to a third party.

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Galaxy corporation issues 500 shares of $1 par value common stock for $5,000. what is the total effect on owners' equity

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Answer: Increases $5,000

Explanation:

A stock sold at $32 per share in 2006. by 2016 the price per share was $65. what was the annual rate of increase for the stock?

Answers

The annual rate of increase for the stock was 3.3

Whenever we are given two independent and two dependent variables and we need to find the change between them, we are required to find the slope.

So, according to the given information, we have

Independent variables = time

So,

X1 = 2006

X2 = 2016

Dependent variables = stocks

Y1 = $32

Y2 = $65

Solution

From the equation of slope or the rate of change, we know

Rate of change/increase of stock = Y2-Y1/X2-X1

Putting the values in equation, we get

Rate of increase of stocks = 65-32/2016-2006

                                           = 33/ 10 = 3.3

So, we can say that the rate of annual increase of stocks was 3.3.

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If the total surplus in a market with no government intervention is $500 and consumer surplus is $200, producer surplus is ____

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Based on the total surplus with no government intervention in the market and consumer surplus, the producer surplus is $300.

What is the producer surplus?

The producer surplus can be found by using the total surplus formula:
Total surplus = Consumer surplus + Producer surplus

We can then solve for producer surplus as:

500 = 200 + Producer Surplus

Producer Surplus = 500 - 200

Producer Surplus = $300

In conclusion, the Producer Surplus is $300.

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John's lifestyle, combined with the other factors present in this case, provide evidence that fraud has occurred. a. true b. false

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The claim is FALSE. But please, take note that although there are no concrete evidences of fraud after considering all of the factors present in a case, it may still be happening!

There are actually number of fraud symptoms, but each one could also be caused by other factors.  So, for instance:

- it is really that possible to misfile or misplace the missing documents

- John's company has an out of balance general ledger because it does not seem to have had an accountant before and whomever was in charge before might have committed honest mistakes (human errors)

- the consumer's complaints can be just the result of invoicing mistakes

- and John might just from a filthy rich family and the reason, maybe, that he is not careful with his company's accounting system was because he has other businesses to support his lifestyle.

...

I just figured that your question is incomplete, so here's the whole case scenario for everyone to understand:

"A nearby store that opened four years ago is managed by John. It has also been performing admirably. John made the decision to hire an accountant because his company was expanding. When the accountant arrived at the store, he discovered several anomalies, including: (1) six receiving documents missing, (2) the general ledger being out of balance, (3) one customer complaining that he is constantly being overcharged, and (4) another customer complaining that he does not receive timely service. John has an expensive home and a collection of beautiful sports cars.

Discuss whether fraud could be occurring. Does evidence of fraud exist, or are only fraud symptoms present? John's lifestyle, combined with the other factors present in this case, provide evidence that fraud has occurred. True or false?"

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The basis of strategic position through serving few needs of many customers is known as:_____.

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Strategy is the basis of a strategic position by serving only a few needs of many customers.

When there is a creation of a unique & valuable position it is called strategy. This strategic position can be developed through three sources. The first one is many customers and few needs. The second one is by having few customers and broad needs. The third one is by having many customers and broad needs.

A type of competing for the strategic position in strategy is known as Trade-Offs competing. The trade-Off competition requires the company to focus only on a few compatible strategies. Under this method, the company will not follow more strategies that are general but focus its attention only on a strategy that is specific. So the company will try to implement a system that is independent and different and reinforces each of its activities.

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The company has sales of $10,000,000, total assets of $2,400,000, stockholders' equity of $2,000,000, and net income of $500,000. calculate the company's profit margin.

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The company's profit margin is 5.00%

What is profit margin of the company?

The profit margin of the company is net income as a percentage of its sales revenue, in other words, the portion of sales revenue that is achieved as profit for the company overall.

The profit margin is determined as the net income divided by the sales revenue, hence, the profit margin is as computed below:

company's profit margin=net income/sales

net income=$500,000

sales=$10,000,000

company's profit margin=$500,000/$10,000,000

company's profit margin=5.00%

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Samanthat has been invited interview that will be conducted in a behaviroal format she is changing career fields so she has?

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It is important to write down some quick notes in large font (not exact phrases) to help you remember the sequence and subject of your ideas. Because a poor delivery of a good speech might dull, perplex, or incite mistrust in the listeners.

What's a good way to get feedback if you have trouble speaking with flat tone, rambling, or fillers? Leave a voicemail for yourself and listen to it to assess your voice. Prepare potential responses in advance. Be prepared to discuss your speech's more technical points. Ask your friends and coworkers to comment on and quiz you on your speaking.

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The capability of corporations to influence government, the economy, and society, based on their organizational resources is called:__________

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CSR aids in enhancing a number of societal facets as well as enhancing the reputation of businesses.

What Is Corporate Social Responsibility (CSR)?

Corporate responsibility programs are also a wonderful method to increase morale in the workplace. Environmental effects, moral duty, charitable work, and financial obligations are the four main subcategories of CSR.

Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship. When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it.

Corporate social responsibility is a business strategy that encourages businesses to work in ways that benefit society and the environment rather than harming them.

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Cash typically is the first current asset reported on the balance sheet because it is:

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Cash typically is the first current asset reported on the balance sheet because it is: The most liquid asset.

What is cash?

Cash can defined as the money a person has in their possession or the money a person as inn their hand or at bank which is why cash under current assets includes cash at hand and cash at bank.

Cash is often record or report first under current asset when preparing a company balance sheet or financial position because cash is a liquid assets that can be access quickly and  it allow you pay for the expenses incurred.

Therefore  Cash typically is the first current asset reported on the balance sheet because it is: The most liquid asset.

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The lumbar plexus is subdivided into a(n) ______ division and a ______ division.

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The lumbar plexus is subdivided into a(n) anterior division and a posterior division.

The lumbar plexus is an important set of nerves that originate primarily in the lumbar region of the spinal cord. The term "plexus" refers to the "network" of nerves that are created just next to where T12-L5 exits the spinal cord through the intervertebral foramen.

The lumbar plexus allows nerves to engage at different levels, forming multiple functional nerves that serve to innervate different structures. The nerves that originate in the lumbar plexus are listed from top to bottom.

These branches include the subiliac nerve, the iliac inguinal nerve, the genital femoral nerve, the lateral femoral nerve, the femoral nerve, and the obturator nerve.

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"corporate in-fighting," "management power struggles," "maneuvering and politics and power grabbing," and "machiavellian intrigues" are all phrases h. Ross perot uses to describe.

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"corporate in-fighting," "management power struggles," "maneuvering and politics and power grabbing," and "machiavellian intrigues" are all phrases h. Ross Perot uses this to describe the reality of corporate life.

This is further explained below.

What is corporate life?

Generally, The phases of expansion and development that practically every corporation goes through may be summed up under the term "corporate life cycle."

This cycle begins with the founding of the organization and continues until its demise, which can occur in a number of different ways. The following are the four phases that make up a business's life cycle: Startup stage. Phases of growth and being established

In conclusion, J. Ross Perot employs a number of different terms to characterize the realities of life in corporate America. Some of these expressions include "corporate in-fighting," "management power battles," "maneuvering and politics and power grabbing," and "machiavellian intrigues."

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On payday, employers can designate their banks to electronically transfer funds from the business checking account to the employees' checking account. this represents an example of a(n)?

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On payday, employers can designate their banks to electronically transfer funds from the business checking account to the employees' checking account .This represents an example of a direct deposit.

What is direct deposit?

Direct deposit is the phrase used to describe the electronic deposit of money into a bank account as opposed to a physical, paper cheque. In order for deposits to be made between banks, direct deposit requires the usage of an electronic network.

The Automated Clearing House is the name given to this network (ACH). There is no need to wait for the money to clear because electronic cash transfers automatically credit recipients' accounts. Paycheckstax refunds, and other perks are frequently deposited using direct deposit.A secure and practical method of payment is direct deposit.

Through an electronic networkfunds are directly deposited into the account of the beneficiary. The recipient must give the person or company making the deposit the name of their bank, their account number, and the bank's routing number in order for the monies to be transferred from the payer. Alternately, they might give you a void check with the same details written on it.

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Which hypothesis of mechanism of coral boring was supported by the investigation?

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The  hypothesis of mechanism of coral boring was supported by the investigation is Acid secretion.

What is Acid secretion?

Acid secretion serves as a mechanism that is been  initiated by food, however this could come from  taste of food effects vagal stimulation  which could occur from the gastrin-secreting G cells.

This can be found in the  distal one third (antrum) of the stomach, The  hypothesis of mechanism of coral boring was supported by the investigation is Acid secretion.

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____ can arise from the estimation process or the stability of the project team.

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Internal risks can arise from the estimation process or the stability of the project team.

What are Business risks?

A company's exposure to risk could ultimately result in decreased sales, revenues, and financial losses. Every day, businesses encounter risks related to doing business in the sector or industry in which they operate.

Although each element that hinders a corporation from operating efficiently or from accomplishing its financial objectives constitutes a business risk, it might be useful to classify them when creating a risk management strategy. No strategy can eliminate risk, but with careful planning, businesses may identify hazards and take the required action. External risks and internal risks in the business world are the two main categories.

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Calculate the bond equivalent yield and effective annual return on fed funds that are 6 days from maturity and have a quoted yield of 0.19 percent.

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Calculate the bond equal yield and powerful annual return on the fed funds range that are 6 days from adulthood and have a quoted yield of zero.19 percent.

Nominal bond equivalent yield= Return*(365/360)

                                              = 0.0019*(365/360)

                                              =  0.001926389

                                               = 0.1926%

Effective annual return= (1+(0.001926)/(365/6))^(365/6)-1

                                   = 0.001927825

                                   = 0.1928%

The fed funds, often called the fed budget, are extra reserves that commercial banks and other financial institutions deposit at regional Federal Reserve banks; these price ranges may be lent, then, to other market individuals with insufficient cash reachable to satisfy their lending and reserve desires.

By means of growing the fed funds charge, the Federal Reserve is efficaciously attempting to shrink the supply of cash to be had for making purchases. This, in turn, makes cash more pricey to reap. Conversely, whilst the Federal Reserve decreases the federal fund's charge, it increases the money delivery.

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A manager's use of conceptual and decision skills ______ with greater responsibility.

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A manager's use of conceptual skills and decision skills Increases with greater responsibility.

What does conceptual thought entail?

When a new project comes your way, you won't be the type to roll up your sleeves and dive into duties or begin delegating responsibilities because conceptual thinking prevents you from doing these things. Before beginning the project, you prefer to take a step back and envision or theorize it.

Your quest to comprehend the "why" underlying each project is strong. Justification for your actions Describe the project's motivation. Will it have an effect? Your work will be better contextualized if you have a firm understanding of the big picture, and you'll become more adept at presenting to different audiences. You can present information in a targeted, personalized manner by determining what information is most pertinent to them.

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A decision to consume more of one good necessarily involves a decision to consume less of another good. the benefits of the highest-valued good foregone represent:_____.

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A decision to consume more of one good necessarily involves a decision to consume less of another good. the benefits of the highest-valued good foregone represent Opportunity Cost.

What does Opportunity cost implies?

Opportunity cost is the benefit lost when one option is chosen over another. The idea is helpful just as a suggestion to look at all sensible options prior to going with a choice.

The term is generally applied to the choice to exhaust supports now, as opposed to money management the assets until a later date. Models are: Take some time off now, or set aside the cash and put it in a house.

Set off for college currently, in order to create an enormous return from the professional education quite a long while later on. Pay down obligation now, or utilize the cash to purchase new resources that could be utilized to create extra benefits.

Therefore It is not difficult to erroneously incorporate or prohibit costs in an opportunity cost examination.

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Carlo receives a paycheck every other friday for the same amount. carlos receives ________.

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Carlo receives a paycheck every other Friday for the same amount. carlos receives Salary.

What is a Remuneration?

An employee's overall compensation is known as their remuneration. It covers not just the base income but also any bonuses, commissions, overtime pay, or other financial perks that an employee receives from their firm.

The compensation for employees may or may not include a perk from their job. Although they are benefits, an on-site gym and a generous vacation policy are not compensation for employees. Direct cash payments or taxable fringe perks, like the use of a working automobile for personal travel, are both acceptable forms of compensation.

Salary or wages are the most popular kind of compensation. Bonuses awarded for achievements, special occasions, or other factors may be added to these. A commission on an employee's sales or a proportion of the total amount sold is sometimes offered in sales positions. Some of these commissioned jobs come with basic pay, while others are commission-only jobs.

Thus, remuneration is a good motivator for employees.

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If the fed lowers the reserve requirement:____.
a. fewer people get credit.
b. banks lose business.
c. more money is available to loan.
d. less money is available in the market.

Answers

So, correct option for your question is C. more money is available to loan
When the Federal Reserve cuts the reserve ratio, it lowers the amount of cash that banks are required to store in reserves, allowing them to make more loans to individuals and companies.  This increases the nation's money supply and expands the economy.

Reserve Requirements:
Based on a portion of the cash that customers have on hand, banks lend them money. In exchange for this power, the government imposes one requirement on them: maintain a minimum balance of deposits to cover potential withdrawals. The reserve requirement is the amount that banks must hold in reserve and are not permitted to lend above. Both the requirement and the interest rate that banks are paid on excess reserves are established by the Board of Governors of the Federal Reserve. The Federal Reserve is authorised to pay interest on excess reserves under the Financial Services Regulatory Relief Act of 2006. The start date for interest payments to banks was October 1, 2011. As a stand-in for the federal funds rate, this interest rate is known as the interest rate on excess reserves.

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Multiple choice question in a swot analysis, ______ refer to the positive internal attributes of the firm. multiple choice question. strengths weaknesses opportunities threats

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In a SWOT analysis, strengths refer to the positive internal attributes of the firm.

What is SWOT analysis ?

SWOT analysis (strengths, weaknesses, opportunities, and threats) is a framework for evaluating a company's competitive position and developing strategic plans. SWOT analysis evaluates internal and external elements, as well as present and possible future opportunities.

SWOT analysis is a technique for strategic planning that gives assessment tools.The identification of essential strengths, weaknesses, opportunities, and threats leads to fact-based analysis, new views, and new ideas.A SWOT analysis gathers information from both internal sources (the individual company's strengths and weaknesses) and external variables that may have unpredictable effects on decisions (opportunities and threats).When diverse groups or voices inside an organization are free to present realistic data points rather than predefined messaging, SWOT analysis works best.The results of a SWOT analysis are frequently synthesized to support a specific goal or decision that a corporation is facing.

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Which group of people created civilizations in Mexico and built the first cities on the North American continent? Type your response in the box.Read the lines from the poem."So, they teach me the sweet lesson,That the humblest may giveHelp and hope, and in so doing,Learn the truth by which we live;For the heart that freely scattersSimple charities and loves,"Analyze the significance of the lines from the poem. Use information from the poem to support your analysis. explain why ???? and ???? can have magnitudes higher than the magnitude of the input source voltage when circuit 2 is at (or close to) resonance. Exercise 3 Draw one line under the complete subject in each sentence. Draw two lines under the correct form of the verb.The newspapers on the stand (was, were) sold out by noon. What was osama known for? What are some conflicts in the book The Outsiders by S.E. Hinton????????????????? Which sentence is correctly punctuated with a comma and a coordinating conjunction?A. Odysseus pridefully revealed his name to the Cyclops, so he was cursed by Poseidon. B. Odysseus pridefully revealed his name to the Cyclops so he was cursed by Poseidon.C. Odysseus pridefully revealed his name to the Cyclops, so, he was cursed by Poseidon.My answer would be C. Am I correct Exercise 1 Circle the word or words modified by the adverb in italics. On the blank, write v if the adverb modifies a verb. Write adj. if the adverb modifies an adjective. Write adv. if the adverb modifies another adverb.Two hundred people had already ordered tickets. The most frequently used hallucinogens are ______________; both are produced chemically, and neither has a legitimate medical use. Part of growing up is changing. Write about a time in the past 2-3 years when you realized that you had changed. Delila is multiplying three negative numbers and determines that the solution will be negative. is she correct or incorrect? How did links to byzantium lead to the development of the new civilization in kievan rus? IHow was the new government [civil political body] similar or different from the monarchy inGreat Britain? Leadership is a reciprocal relationship with others that aims to bring about positive change. a. true b. false Vertical asymptotes at x=1 and x=4 , x -intercepts at (5,0) and (2,0) , horizontal asymptote at y=4 solve for f(x) The five product levels add more customer value, and together they constitute a(n)_____ Cpas provide a report on subject matter or an assertion about that subject matter in a(n).:________ How many potassium ions are in 5.48 g of potassium sulfate: k2so4 (mw. 174.27 g/mol)? What is the shortest time interval during which it is guaranteed that a(t)=400 for some time t in the interval? justify your answer. Exercise 2 Find the personal pronouns that have antecedents within each sentence or sentence group. Draw one line under the personal pronoun. Draw two lines under its antecedent. Change the personal pronoun to agree in person with its antecedent. Correct the verb if necessary.The ice was so slick that with the first step I fell on your face.