A company issued 10-year, 9% bonds, with a par value of $500,000 when the market rate was 9.5%. The issuer received $484,087 in cash proceeds. Prepare the issuer's journal entry to record the bond issuance.
What will be an ideal response?
| Cash | 484,087 | ? |
| Discount on Bonds Payable | 15,913 | ? |
| Bonds Payable | ? | 500,000 |
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All functions in a marketing channel use scarce resources and can be shifted among channel members
Indicate whether the statement is true or false
Distinguish between market segmentation and market targeting
What will be an ideal response?
Murton Industries Murton Industries, Inc reported the following information on its recent balance sheet. Common stock, $10 par, 100,000 shares authorized, 75,000 shares issued and outstanding Refer to the information for Murton Industries. What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the stock dividend is declared?
A) A stock dividend has no impact on any of the stockholders' equity accounts. B) Total stockholders' equity increases $75,000. C) Cash increases $300,000. D) Retained earnings decreases by $225,000.
Which of the following is an example of false light?
A) The defendant publishes Mabel's medical records in the local newspaper without her consent. B) The defendant publishes Mabel's picture alongside an article about the evils of gambling, even though Mabel has never gambled in her life. C) The defendant uses a picture of Mabel in an advertisement for baked goods without paying her or obtaining her consent to use her picture. D) The defendant invades Mabel's privacy by taking photographs of her inside her house.