When the ________ is less than the yield to maturity, the bond sells at a/the ________ the par value
A) coupon rate; premium over
B) coupon rate; discount to
C) time to maturity; discount to
D) time to maturity; same price as
Answer: B
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Avery, Inc. uses the periodic inventory system. On February 1, the corporation purchased inventory on account for $25,000. The terms of invoice were 3/10, n/30. The amount due was paid on February 9
Which of the following journal entries correctly records the payment in the books of Avery, Inc.? A) Accounts Payable 25,000 Purchase Discounts 750 Cash 24,250 B) Accounts Payable 25,000 Cash 25,000 C) Accounts Payable 25,000 Purchases 25,000 D) Accounts Payable 25,000 Merchandise Inventory 750 Cash 24,250
A manufacturing plant allows its engineers to come in at 7 A.M. plus or minus an hour but still requires them to work 8-hour days. Which of the following scheduling techniques is the firm employing?
A) flextime B) constant employment C) part-time status D) flexible workweek E) compressed workweek
The _____ component of an attitude reflects how an individual expects to behave toward or in the situation.
A. intentional B. affective C. cognitive D. satisfaction E. positive
As firms begin exporting to foreign clients and become what Adler calls "international corporations," they must:
A. increase the standardization of products and services. B. adapt their approach and products to those of the local market. C. adapt their approach but not their products to those of the local market. D. adapt their products but not their approach to those of the local market.