A company issues 8% bonds with a par value of $40,000 at par on January 1. The market rate on the date of issuance was 7%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:
A. $1,400.
B. $1,600.
C. $3,200.
D. $0.
E. $2,800.
Answer: B
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When the cheerleading squad went to a weeklong cheer camp during their school’s spring break, most of the squad took their textbooks and note with them, knowing there would be a midterm exam when they returned to campus. Tariq was confident that he would have plenty of time to study when the squad returned from the trip and he did not take along his study materials. When the exam results were known, Tariq was very unhappy with his poor performance on the exam. When asked by others on the squad why her did so poorly, he immediately blamed the professor and all the ”trick” questions on that exam for his own poor grade. Tariq was applying which of the following to the situation?
A. standpoint theory B. schemata C. stereotypes D. the self-serving bias
During his class, Peter often looks at an online dictionary to understand some of the words his professor uses. When Peter does this, he is looking for ______.
a. denotative meaning b. synonyms c. connotative meaning d. syntax
The following information relates to the Joshua, Inc: Depreciation expense $ 500 Increase in salaries payable 50 Purchased operating equipment 700 Net income 3,000 Paid long term note payable 600 Paid dividends 900 Increase in accounts receivable 400 ? What is the net cash provided by operating activities?
A) $2,100 B) $2,650 C) $3,200 D) $3,150
By far, the greatest number of preexisting duty cases involve ________ duties.
A. contractual B. illusory C. statutory D. equitable