Which of the following statements is true?
a. When bonds are issued at a premium, the periodic cash payment to bondholders will exceed the cash payment that would have been made if the bonds had been issued at a discount.
b. When bonds are issued at a discount, the periodic cash payment to bondholders will be less than the cash payment that would have been made if the bonds had been issued at a premium.
c. When bonds are issued at a discount, the periodic cash payment to bondholders will be less than the cash payment that would have been made if the bonds had been issued at face value.
d. When bonds are issued at a discount, the periodic cash payment to bondholders will be the same as the cash payment that would have been made if the bonds had been issued at face value.
e. When bonds are issued at a premium, the periodic cash payment to bondholders will exceed the cash payment that would have been made if the bonds had been issued at face value.
d
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The data presented below is for Craft, Inc for 2015. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2015 295,000 Allowance for doubtful accounts—December 31, 2015 28,000 Bad debt expense for the year 17,000 What is the effect on liquidity when Craft records its estimate for bad debt expense using the allowance method?
a. Liquidity decreases b. Liquidity increases c. Liquidity stays the same d. Liquidity both increases and decreases
Compared to the Universal Product Code (UPC), the additional bar in the _____ identifies a product's country of origin.
A. EZ code B. GTIN-14 bar code C. RFID code D. EAN bar code
According to research by Lloyd Harris and Kate Reynolds, the most reported category of jaycustomer behavior by both employees and customers in hotels, restaurants, and bars is ____________
a. compensation letter writers b. undesirable customers c. oral abusers d. vindictive customers e. physical abusers
Which company developed the MAPICS system?
a. Dell b. GE c. IBM d. GM