A company uses the effective interest method to amortize a bond discount. Which of the following statements is true regarding the interest expense that is recognized each year?
A. It will be greater than the interest payment.
B. It will remain the same from year to year.
C. It will be greater than the interest payment and it will also increase from year to year.
D. It will increase from year to year.
Answer: C
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Callaway Corp., which began business at the start of the current year, had the following data:Planned and actual production: 40,000 unitsSales: 38,000 units at $15 per unitProduction costs:Variable: $5 per unitFixed: $260,000Selling and administrative costs:Variable: $1 per unitFixed: $32,000The gross margin that the company would disclose on an absorption-costing income statement is:
A. $342,000. B. $166,500. C. $133,000. D. $0. E. None of the answers is correct.
In sentiment analysis, which of the following is an implicit opinion?
A) The hotel we stayed in was terrible. B) The customer service I got for my TV was laughable. C) The cruise we went on last summer was a disaster. D) Our new mayor is great for the city.
The VBScript operator for inequality is which of the following?
a) != b) <> c) NotEqual d) !
The RFP should state the required schedule for completion of the project and key milestones
a. True b. False Indicate whether the statement is true or false