Bonds are sold at a premium if the:
A) issuing company has a better reputation than other companies in the same business.
B) market rate of interest was less than the stated rate at the time of issue.
C) market rate of interest was more than the stated rate at the time of issue.
D) market rate of interest was same as the stated rate at the time of issue.
B
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The all-inclusive income approach requires that all events and transactions that affect income should be reported on the income statement to help prevent the manipulation of income
a. True b. False Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. When people’s beliefs and values are affected by a problem, leaders need to take an adaptive approach. 2. Failures in leadership often occur because leaders fail to diagnose challenges correctly. 3. When the challenge requires that people learn new ways of coping, leaders need to take an adaptive approach. 4. A leader who says “This is your project. How do you think it should be developed?” is using the “maintain disciplined focus” adaptive leader behavior. 5. The term “follower” in adaptive leadership is mostly used when discussing the “holding environment.”
The extent to which the contributions made by an individual match the inducements offered by an organization is called
A. individual difference. B. organizational inducement. C. employee contribution. D. person-job fit. E. psychological contract.
Faughn Corporation has provided the following data concerning manufacturing overhead for July: Actual manufacturing overhead incurred$69,000Manufacturing overhead applied to Work in Process$79,000 The company's Cost of Goods Sold was $243,000 prior to closing out its Manufacturing Overhead account. The company closes out its Manufacturing Overhead account to Cost of Goods Sold. Which of the following statements is true?
A. Manufacturing overhead was overapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $233,000 B. Manufacturing overhead was underapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $253,000 C. Manufacturing overhead was overapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $253,000 D. Manufacturing overhead was underapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $233,000