The level of operating capacity that is needed to meet expected sales demand is called

a. practical capacity.
b. normal capacity.
c. ideal capacity.
d. excess capacity.


B

Business

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A company issued 5-year, 10.00% bonds with a par value of $106,000. The market rate when the bonds were issued was 9.50%. The company received $108,231 cash for the bonds. Using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is:

A. $5300.00. B. $5140.97. C. $10,600.00. D. $10,219.02. E. $2650.00.

Business

A partnership is a business owned by two or more people.

Answer the following statement true (T) or false (F)

Business

A Converging Radial, Segmented Pyramid, and Target List are examples of ____________________

Fill in the blank(s) with correct word

Business

A document describing a new security issue and the issuing company is called a(n) _____.

A. registration statement B. underwriting statement C. prospectus D. footnote E. abridged statement

Business