On January 1, 2014, New Country issued $200,000 of ten-year 8% bonds at 98. These bonds were callable at 102 at any time after three years. Straight-line amortization was used. On January 1, 2018, a new bond issue was sold and the old bonds were called. What was the loss on bond retirement?
A) $2,000
B) $4,400
C) $6,400
D) $8,000
C
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Which of the following statements about data breaches in 2017 is not true?
A. According to the Identity Theft Resource Center, the number of breaches in 2017 increased by almost 45% from 2016. B. According to the Identity Theft Resource Center, over 50% of data breaches involved social security numbers. C. According to the Identity Theft Resource Center, employee error was the leading cause of data breaches. D. According to the Identity Theft Resource Center, data breaches involving the business sector represented over 55% of all breaches.
Assignees:
A. can sue a promisor for nonperformance. B. are not required to notify the promisor of the assignment. C. can acquire greater rights than an assignor. D. are not entitled to the rights to a promisor's performance.
Which of the following would not affect Factory Overhead when adjusting entries are made?
a. Utilities Expense; b. Bad Debt Expense; c. Factory Supplies Expense; d. Insurance Expense; e. Depreciation Expense
The authority to provide incentives is known as which type of power?
A. expert B. coercive C. reward D. referent