Peng Corporation has been authorized to issue bonds with interest payment dates of March 1 and September 1 . If the bonds are sold at face amount on April 1, the amount of cash to be received by the issuer is equal to the face amount of the bonds
a. minus the interest accrued from March 1 to April 1.
b. plus the interest accrued from April 1 to September 1.
c. minus the interest accrued from April 1 to September 1.
d. plus the interest accrued from March 1 to April 1.
D
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What is the distinguishing characteristic between accounts receivable and notes receivable?
A) Accounts receivable are usually current assets while notes receivable are usually long-term assets. B) Accounts receivable require payment of interest while notes receivable does not have payment of interest. C) Notes receivable result from credit sale transactions for merchandising companies, while accounts receivable result from credit sale transactions for service companies. D) Notes receivable generally specify an interest rate and a maturity date at which any interest and principle must be repaid.
Which of the following can be filed by the defendant of a lawsuit?
A) complaint B) answer C) reply D) injunction
With regard to Six Sigma training, which of the following statements is true?
a. Black Belt, Green Belt, and Master Black Belt represent the training level in increasing order of expertise. b. Green Belts represent the highest level of Six Sigma training. c. Green Belts have the most statistical trainings. d. Master Black Belts check that Six Sigma efforts are applied consistently across an organization.
In comparison to an investment in common stock, a limited partnership investment offers greater liquidity
Indicate whether the statement is true or false