For a bond issue that sells for more than its face value, the market rate of interest is
a. less than the rate stated on the bond.
b. equal to the rate stated on the bond.
c. dependent on the rate stated on the bond.
d. higher than the rate stated on the bond.
A
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Beginning and ending Accounts Receivable balances were $28,000 and $24,000, respectively. If collections from clients during the period were $80,000, then total services rendered on account were apparently
a. $76,000. b. $84,000. c. $104,000. d. $108,000.
Your written message will be clearer if it is accurate, makes use of familiar words, and avoids the use of dangling expressions
Indicate whether the statement is true or false
Zach is opening a tire store. He intends to set the price of tires based on determining the total cost of his purchase of one tire and then adding an amount to cover additional costs and profits. Zach is using ___ pricing.
A. cost-based B. additional markup C. floor establishment D. survival
_____ processing describes services that use technology or brainpower directed at a customer's assets.
a. Information b. People c. Mental stimulus d. Possession