On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $473,845. Interest is payable each June 30 and December 31. The total interest expense on the bond over its eight-year life is $400,000.
Answer the following statement true (T) or false (F)
False
Total interest expense recognized is ($500,000 × 10% × 8 years) + discount ($26,155) = $426,155.
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To show the strength of a plastic pallet, the salesperson asked the prospect to step into the parking lot. Once they were in the parking lot, the salesperson laid a pallet on the ground and drove his car across the pallet. Then he got out of the car and asked the prospect to examine the pallet for cracks or breaks. This theatrical presentation of a product's feature is called a(n):
A. dramatization. B. FAB testimonial. C. prestige proof statement. D. autosuggestion. E. analogy marketing.
Today, marketing must be understood in terms of not just making a sale but also ________.
A(n) ________ is a concept that results in material being produced only when requested and moved to where it is needed just as it is needed
Fill in the blanks with correct word
An agency agreement must always be in writing
a. True b. False Indicate whether the statement is true or false