Ken is preparing a persuasive message to business owners in his community. Before he writes his message he should try to understand what characteristics these owners have in common, such as the goals and educational status
Indicate whether the statement is true or false
T
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Define and describe channel length and breadth
What will be an ideal response?
A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $102,105 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
A. $6,633.70. B. $3,500.00. C. $3,613,70. D. $7,000.00. E. $3,289.50.
In regard to joint cost allocation, the "split-off point" is:
A. The difference between the actual and market value of joint costs. B. A physical basis method to allocate costs based on ratio of some physical characteristic. C. The point at which some products are sold and some remain in inventory. D. The point at which separate products can be identified. E. Not acceptable when using the value basis for allocating joint costs.
According to GASB, restricted net assets are those that are the result of constraints from:
A. Imposed by enabling legislation. B. Imposed by creditors or grantors. C. Imposed by law though constitutional provisions. D. All of the above.