The balance in the Bonds Payable account is a credit of $92,000. The balance in the Premium on Bonds Payable account is a credit of $1,990. The bond's carrying amount is $93,990
Indicate whether the statement is true or false
TRUE
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________ is a measure that indicates a firm's ability to meet the annual interest obligations on its outstanding debt.
A. Times-interest-earned (TIE) ratio B. Degree of operating leverage (DOL) C. Debt/assets ratio D. Dividend payout ratio E. Current ratio
Let us assume the average number of customers served per hour is five customers. What is the probability that the service exceeds 15 minutes for any customer?
a. 29% b. 76% c. 45% d. 13%
George works for a national sporting goods store in the marketing department. He wants to place advertisements in sports magazines that target teenagers. He notices that the sports preferences of teenagers tend to differ in different parts of the country. In one geographic area, for instance, teens are highly into skating culture. Along the coast, however, many teenagers are more interested in surf culture. Because these target markets differ, George should probably try to place advertisements in _________________ of magazines.
A. special editions B. ad inserts C. regional issues D. national issues E. geographic editions
Which of the following is not a money market investment?
A) Shares of corporate stock B) NOW account C) Savings account D) Treasury bills