Bonds are sold at face value when the contract rate is equal to the market rate of interest

Indicate whether the statement is true or false


True

Business

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The admission of a new partner calls for the amendment of the old partnership agreement, but not dissolve the old partnership

a. True b. False Indicate whether the statement is true or false

Business

The current balance sheet of Blawnox Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Blawnox Inc is considering several financing possibilities in order to expand operations. If Blawnox Inc's owner invests an additional $2 million to finance the expansion, the debt to equity ratio will

a. stay the same b. decrease c. increase d. cannot be determined from this information.

Business

Tabak catalog retailer studies about 3,500 variables over the lifetime of a customer's relationship

Through ________, it has found that customers who change residences are three times more likely than customers who do not move as frequently to buy tables, fax machines, and decorative products but are no more likely to buy jewelry or footwear. A) data mining B) prospecting C) sampling D) reality mining E) customer acquisition

Business

All of the following are external users of accounting information except:

A. Chief executive officer (CEO). B. Customers. C. Lenders. D. Shareholders. E. Board of directors.

Business