When the maturities of a bond issue are spread over several dates, the bonds are called

A) serial bonds
B) bearer bonds
C) debenture bonds
D) term bonds


A

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Machinery was purchased on January 1 for $51,000 . The machinery has an estimated life of 7 years and anestimated salvage value of $9,000 . Double-declining-balance depreciation for the second year would be (roundcalculations to the nearest dollar):

a. $6,000 b. $10,500 c. $10,929 d. $10,408

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The first federal regulatory agency was the ________.

A. Interstate Commerce Commission B. Securities and Exchange Commission C. Federal Trade Commission D. Occupational Safety and Health Administration

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After having signed a contract with a binding arbitration clause in it, an employer is legally bound to accept an arbitrator's decision on a particular issue even if they disagree with that decision.

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

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Indicate the plural form of the noun. memo

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