The sum of the carrying value and the redemption price at the time bonds are redeemed results in the gain or loss on redemption

a. True
b. False

Indicate whether the statement is true or false


False

Business

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Typically, operational control is accomplished through reports issued

A. weekly. B. daily. C. monthly. D. annually. E. randomly.

Business

The U.S. Department of Agriculture (USDA) approved an application from Monsanto to plant genetically engineered alfalfa seeds that resist Monsanto's Roundup herbicide. Several environmental groups brought suit to stop the planting because the USDA did

not complete an EIS in carving out an exception for genetically engineered crops. The fear is that the crops contain a bacterial gene that allows farmers to spray their fields for weeds without harming the alfalfa or other crops because the bacteria allows the crops to resist the weed spray. How do you think the court rules in this case?

Business

Morrel University has a small shuttle bus that is in poor mechanical condition. The bus can be either overhauled now or replaced with a new shuttle bus. The following data have been gathered concerning these two alternatives (Ignore income taxes.): Present BusNew BusPurchase cost new$32,000 $40,000 Remaining net book value$21,000  - Major repair needed now$9,000  - Annual cash operating costs$12,000 $8,000 Salvage value now$10,000  - Trade-in value in seven years$2,000 $5,000 Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is purchased, the bus would be traded in for another bus at

the end of seven years. The University uses a discount rate of 12% and the total cost approach to net present value analysis.If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is closest to: A. $(16,200) B. $(47,200) C. $(36,500) D. $(54,800)

Business

Successful supplier relationships involve equal decision-making control

a. True b. False Indicate whether the statement is true or false

Business