The bulk sales portion (Article 6) of the Code applies only to transfers in the ordinary course of business
a. True
b. False
Indicate whether the statement is true or false
False
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On January 1, Parson Freight Company issues 8.5%, 10-year bonds with a par value of $2,300,000. The bonds pay interest semiannually. The market rate of interest is 9.5% and the bond selling price was $2,143,712. The bond issuance should be recorded as:
A. Debit Cash $2,143,712; debit Discount on Bonds Payable $156,288; credit Bonds Payable $2,300,000. B. Debit Cash $2,143,712; credit Bonds Payable $2,143,712. C. Debit Cash $2,300,000; credit Bonds Payable $2,143,712; credit Discount on Bonds Payable $156,288. D. Debit Cash $2,143,712; debit Interest Expense $156,288; credit Bonds Payable $2,300,000. E. Debit Cash $2,300,000; credit Bonds Payable $2,300,000.
A company would be considered to have a complex capital structure if it had
a. long-term notes payable. b. preferred stock. c. convertible bonds. d. restricted retained earnings.
Which statement is applicable to explanatory informative presentations?
a. They are usually presented in a chronological organizational pattern. b. A speaker may conduct research and present his or her findings. c. Topics are made relevant to the audience by relating them to historical events. d. They may describe an interesting person or place.
In the context of greenhouse gas emission, the GHG protocol initiative defines levels of scope
This level refers to the inclusion of other indirect emissions coming from sources such as the production of purchased materials, outsourced activities, contractor owned vehicles, waste disposal, and employee business travel. A) Scope 1 B) Scope 2 C) Scope 3 D) Scope 4