A ten-year bond has a face value of $10,000, a face interest rate of 11 percent, an unamortized bond premium of $400, and an effective interest rate of 10 percent. The bonds were issued on one of its semi-annual interest payment dates. The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization),
A) Bond Interest Expense 520 Unamortized Bond Premium 30Cash 550
B) Bond Interest Expense 520 Cash 520
C) Bond Interest Expense 550 Cash 550
D) Unamortized Bond Premium 520 Cash 520
A
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Firms such as General Motors and McDonald's actively collect information about customer preferences and try to address them in their new products. General Motors and McDonald's are actively trying to adapt to
A. shareholder, customer, and market changes. B. social and political pressures. C. human resource concerns. D. managers' behavior. E. technological advancements.
Raptor Company is considering replacing equipment which originally cost $500,000 and which has $460,000 accumulated depreciation to date. A new machine will cost $790,000 and the old equipment can be sold for $8,000. What is the sunk cost in this situation?
A) $53,000 B) $40,000 C) $37,000 D) $290,000
Using just the Constraints portion of the sensitivity report, indicate which of Captain Stubing's limitations are reducing his profit
Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $E$10 Bar/Food 0 1560 0 5 16 $E$11 Budget 150000 3.4 150000 1E+30 96200 $E$6 Excursions 24.24 0 5 19.24 1E+30 $E$7 Restaurant 12 -1660 12 16 5 $E$8 Bar Low 12 0 7 5 1E+30 $E$9 Bar High 12 0 28 1E+30 16
Lewis offers to make digital copies of Motivational Sales Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the UETA, Motivational Sales' acceptance by e-mail will be considered effective when
a. received. b. sent. c. followed up by a confirmation letter sent by regular mail. d. composed on a Motivational Sales computer.