Christy's new office lease states that rent will increase by 2% per year to cover tax increases. This is known as a(n)
A. tax mitigation.
B. escalator clause.
C. fee escalation.
D. tax abatement.
Answer: B
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Regions that do not meet air quality standards are designated as air quality control regions
Indicate whether the statement is true or false
The Federal Reserve purchases U.S. Treasury securities to:?
A. ?loosen the money supply. B. ?reduce the credit availability. C. ?increase the interest rates. D. ?decrease the inflation. E. ?increase the tax rates.
Answer the following statement(s) true (T) or false (F)
1. In a pitch, it is a good idea to use the 4 Ps framework. Using the framework will organize your review of the product and make sure your pitch is complete. 2. Some people expand the 4 Ps to include people and owner personality. 3. Because of the nature of guerrilla marketing, its use is limited to entrepreneurs and small businesses. 4. Most investors will invest primarily in your product or idea, not in you.. 5. Modern sales is genuine and creative, adds value, and builds relationships.
On January 1, a company issued 10-year, 10% bonds payable with a par value of $500,000, and received $442,647 in cash proceeds. The market rate of interest at the date of issuance was 12%. The bonds pay interest semiannually on July 1 and January 1. The issuer uses the straight-line method for amortization. Prepare the issuer's journal entry to record the first semiannual interest payment on July 1.
What will be an ideal response?