On February 1, Year 1, Centra issues $100,000 semi-annual 12% bonds at par plus accrued interest. The interest is payable on July 1 and January 1 of each year. What entry is necessary to record the issuance of the bonds on February 1?
a. Cash 100,000
Bonds Payable 100,000
b. Cash 101,000
Bonds Payable 101,000
c. Cash 100,000
Interest Payable 1,000
Bonds Payable 101,000
d. Cash 101,000
Bonds Payable 100,000
Interest Payable 1,000
e. none of the above
D
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A devotes full time and B devotes one-half time to their partnership. If the partnership agreement is silent concerning the division of net income, A will receive a $20,000 share of a net income of $30,000
Indicate whether the statement is true or false
When doing international research, secondary data
A. should be avoided. B. should be managed by local marketing research companies. C. is readily available on the Internet. D. takes precedence over primary data. E. is best conducted in the home country of the company to ensure accuracy.
Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's dividends over a seven-year period. At the end of the year 2002, the firm paid a dividend of $1.15
At year-end 2009, it paid a dividend of $1.84. What was the average annual growth rate of dividends for this firm? A) 7.25% B) 9.86% C) 6.94% D) There is not enough information to answer this question.
Pilot testing is more useful for formative evaluation than summative evaluation.
Answer the following statement true (T) or false (F)