When the bond coupon rate of interest is less than the market rate of interest, the bonds will sell at:

a. a discount or a premium.
b. a premium.
c. face value.
d. a discount.
e. a discount or at face value.


d

Business

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Which statement is correct about the input and output of carbon during glycolysis?

A. There is an input of 6 carbons (glucose) and an output of 6 carbons (2 pyruvates). B. There is an input of 6 carbons (2 pyruvates) and an output of 6 carbons (1 glucose). C. There is an input of 6 carbons (glucose) and an output of 3 carbons (pyruvate). D. There is an input of 6 carbons (glucose) and an output of 6 carbons (6 CO2).

Business

Which of the following is included in the cost of a plant asset?

A) amounts paid to make the asset ready for its intended use B) regular repair and maintenance costs C) replacement of damaged parts of the asset D) wages of workers who use the asset in normal operations

Business

Ferdinand runs a pie shop in a busy metropolis. He sells his fresh pies for $7, but it costs him $2.50 to make them. The cooking equipment in his shop cost him $46,000. How many pies does Ferdinand need to sell to make $50,000 annually?

A. 12,645 pies B. 33,000 pies C. 16,000 pies D. 21,333 pies E. 8,500 pies

Business

When performing vertical analysis of an income statement, the base amount is ________.

A) total expenses B) net sales revenue C) sales revenue D) gross profit

Business