The generation of children born between 1946 and 1964 is referred to as
A. baby boomers.
B. millennials.
C. baby busters.
D. Generation Y.
E. Generation X.
Answer: A
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There are many definitions or descriptions given to financial failure. Which of the following does not appear to be a reasonable definition or description:
a. refinancing of bonds payable. b. liquidation. c. deferment of payments to short-term creditors. d. deferment of payments of interest on bonds. e. deferment of payments of principal on bonds.
One reason that products are likely to fail in the marketplace is ______.
A. misunderstanding the target market B. correct product positioning C. failure to meet government regulations D. failure to meet ISO requirements
The first unit took fifteen days to finish and the second unit was finished a mere 13.5 days later. How long will it take to finish the eighth unit?
A) 10.7 days B) 10.9 days C) 10.5 days D) 11.1 days
Baird Manufacturing Company issued $150,000 of 7%, 5-year bonds for $144,000, on January 1, Year 1. Interest is payable on January 1 of each year. Baird uses the straight-line method of amortization. The first interest payment is to be made on January 1, Year 2.Required:a) Show the effects of the following events on the accounting equation.Event 1. The issuance of the bonds.Event 2. Accrual of interest at December 31, Year 1.Event 3. Amortization of discount at December 31, Year 1.Event 4. Payment of interest on January 1, Year 2.Event No.Assets=Liabilities+Equity1.???????????2.?????3.?????4.?????b) What is the carrying value of the bond on December 31, Year 1?c) What is the amount of interest paid in (1) Year 1? (2) Year 2?d) What is
the amount of interest expense shown on the income statement in Year 1? What will be an ideal response?