Which of the following statements is true of a bond that is issued at a discount?
A) The bond will be issued at par.
B) The stated interest rate is higher than the prevailing market interest rate.
C) At maturity, the bond will repay an amount that is less than the face value.
D) The bond will be issued for an amount less than the face value.
D
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A company purchased a computer on July 1, 2019 for $50,000. The estimated useful life of the computer was five years, and it has no residual value. Which of the following methods should be used to best match its expense against the revenue it produces?
A) the units-of-production method B) the straight-line method C) the double-declining-balance method D) the first-in, first-out method
Which of the following best describes the market segment referred to as the bottom of the pyramid (BOP)?
A) a national segment of lower income consumers B) a national segment of non-native language speakers C) a national segment of individuals with a high-school only education D) a global segment of consumers who earn less than $2 per day E) a global segment of children in lower income families
Zero-coupon bonds do not provide for interest payments
Indicate whether the statement is true or false
A continuous production process is most likely linked to which manufacturing environment?
a. MTO b. ATO c. MTS d. ETO