A call provision gives the issuing company the option to recall the debt issue at an effective interest rate less than the contract rate

Indicate whether the statement is true or false


False

Business

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The Securities Act of 1933 is concerned primarily with public distributions of securities.

Answer the following statement true (T) or false (F)

Business

Russell Co. received a $900 utility bill for the current month's electricity. It is not due until the end of the next month which is when they intend to pay it. Which of the following general journal entries will Russell Co. make to record the receipt of the bill?

A.

Utilities Expense900? 
  Accounts Payable 900?

B.
Utilities Expense900? 
  Accounts Receivable 900?

C.
Accounts Payable900? 
  Utilities Expense 900?

D.
Cash900? 
  Utilities Expense 900?

E. No journal entry is required

Business

Only large corporations benefit from capital investment analysis

Indicate whether the statement is true or false

Business

The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when discarded, will last forever, and a car, which when properly cared for, will rust out in two or three years."

A) planned obsolescence B) product failure C) deceptive promotions D) deceptive packaging E) excessive markups

Business