Which of the following statements is true with regard to early retirement of bonds?
a. If the carrying value of the bonds is higher than the redemption price, the issuing firm must record a loss.
b. Firms always find it advantageous to retire bonds issued at lower rates with bonds issued at higher rates.
c. It is always advantageous to carry out early retirement for bonds issued at a premium but not for bonds issued at a discount.
d. Any gain or loss resulting from early retirement of bonds would appear on the income statement of the issuing company.
d
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Indicate whether the statement is true or false
While it may not be logical to claim certain spaces, ______ suggests that it is typical.
Fill in the blank(s) with the appropriate word(s).
Which of the following is true of a statute of repose?
A. The people covered by statutes of repose now can bring suit even if their injury is not discovered within the statutory period. B. It is a significant change in the law for people who are injured by products that cause immediate injury. C. It bars the bringing of a tort-based product liability suit usually after five years from the date the product is first sold to a user. D. The people covered by statutes of repose cannot bring suit if their injury is not discovered within the statutory period.
________ is the stage where a product and its proposed marketing program are introduced into realistic market settings
A) Market strategy development B) Concept testing C) Test marketing D) Concept development E) Business analysis