Espresso Petroleum Inc. has a contractual option to buy back, prior to maturity, bonds the firm issued five years ago. This is an example of what type of bond?
A) Putable bond
B) Callable bond
C) Convertible bond
D) Junior bond
Answer: B
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Our ability to negotiate, resolve conflicts, and understand the goals of others is called ______.
What will be an ideal response?
Kristen feels that her employer denied her promotion to discourage her from joining a labor union. If so, it is likely Kristen’s employer engaged in unfair labor practices under the ________.
A. Railway Labor Act of 1926 B. National Labor Relations Act of 1935 (Wagner Act) C. Labor Management Relations Act of 1947 (Taft-Hartley Act) D. Labor Management Reporting Disclosure Act of 1959 E. None of the above
What are four core processes in a firm and how are they related?
What will be an ideal response?
Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 26, it paid the full amount due. The correct journal entry to record the merchandise return on August 11 is:
A. Debit Accounts Payable $1,500; credit Cash $1,500. B. Debit Accounts Payable $1,500; credit Purchase Returns $1,500. C. Debit Accounts Payable $1,500; credit Merchandise Inventory $1,500. D. Debit Merchandise Inventory $1,500; credit Cash $1,500. E. Debit Merchandise Inventory $1,500; credit Sales Returns $1,500.