The Lakeside Company issues $518,000 of its 10%, 10-year bonds at 106 on March 31, 2019. The bonds pay interest on March 31 and September 30. On September 30, 2019, how much cash did the company pay to the bondholders?
A) $2590
B) $51,800
C) $25,900
D) $12,950
C) $25,900
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Which of the following could affect(s) the fixed asset turnover ratio?
a. Firms often invest in fixed assets several periods before these assets generate sales from products manufactured in their plants or sold in their stores. b. A low or decreasing rate of fixed asset turnover may indicate expanding firms preparing for future growth. c. Firms anticipating a decline in product sales could cut back expenditures on fixed assets and increase the fixed asset turnover ratio. d. All of the above. e. None of the above.
Select the correct equation format for the purchases budget.
A. Beginning inventory + expected sales = required purchases. B. Cost of budgeted sales + desired ending inventory - beginning inventory = required purchases. C. Cost of budgeted sales + beginning inventory - desired ending inventory = required purchases. D. Beginning inventory + expected sales - desired ending inventory = required purchases.
Before entering into a conflict, you should ask yourself, ____.
A. is the conflict worth the cost? B. is the conflict justified? C. is the conflict petty? D. is the conflict your fault?
There are no precedents on which the court deciding the case Financial Investment Co v. Goodhands Insurance, Inc, can base its decision. The court may consider
a. issuing an order according to the judge's personal values. b. refusing to decide the case. c. postponing a decision until a precedent is available. d. basing a decision on public policy or social customs and values.