A bond is issued at par value when:
A. Straight line amortization is used by the company.
B. The bond is callable.
C. The bond is not between interest payment dates.
D. The market rate of interest is the same as the contract rate of interest.
E. The bond pays no interest.
Answer: D
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As a potential equity investor, what information about a company would you be least interested in prior to making an investment decision?
A) What differentiates them from their competition? B) Whether they are generating a profit? C) Whether they have positive cash flows? D) What are the employee benefits and compensation packages?
The monetary unit assumption:
A. Prescribes that a company record the expenses it incurred to generate the revenue reported. B. Presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepared for those periods. C. Means that we can express transactions and events in monetary, or money, units. D. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. E. Means that a business is accounted for separately from other business entities, including its owner.
The negotiations are stalled until Karyn's team discovers that the buyers are concerned about the costs of training laboratory employees to use the new microscope. What response would most likely move the negotiations forward?
A) The sales team offers to demonstrate the microscope to the lab supervisors. B) The sales team provides testimonials on the efficacy of the microscope. C) The sales team ignores the concern and offers expedited delivery instead. D) The sales team offers discounted training from the firm's implementation team. E) The sales team assures the buyers that the microscope is easy to use.
Planned giving refers to
a. having a plan and making a pledge to the annual fundraising campaign b. having a plan to give a major gift to a nonprofit c. having a plan built around identifying good prospects for donations d. making a donation in a planned series of payments e. prearranged gifts made at the time of the donor's death