A $100,000 bond issue sold at 103 has a market price of $100,300
a. True
b. False
Indicate whether the statement is true or false
False
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Verilux Company sold merchandise to Flight Corp on November 1, 2016, for $10,000 . Verilux accepted a promissory note from Flight Corp for $10,000 . The note has a term of 5 months and a stated interest rate of 7%. Verilux's accounting period ends on December 31, 2016 . What amount should Verilux recognize as interest revenue on December 31, 2016?
a. $ -0- b. $ 116.67 c. $ 291.67 d. $ 280.00
A brand of variety stores is part of a wholesaler-sponsored voluntary chain. This means these retailers are members of a(n) ________ vertical marketing system (VMS)
A) administered B) conventional C) corporate D) horizontal E) contractual
If one parent tells another parent a lie that damages the reputation of a teacher their children both have, it is not defamation unless this lie is communicated to a third party
Indicate whether the statement is true or false
Explain the concept and significance of identification of goods. Discuss how identification takes place