On January 1, Year 1, Jones Company issued bonds with a $160,000 face value, a stated rate of interest of 8.5%, and a 5-year term to maturity. The bonds were issued at 97. Interest is payable in cash on December 31st of each year. The company amortizes bond discounts and premiums using the straight-line method.What is the total amount of liabilities shown on Jones' balance sheet at December 31, Year 2?
A. $156,160
B. $157,120
C. $153,280
D. $155,200
Answer: B
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Molly and Filippe were having a discussion at work one day about the new computer systems. Molly is British and said she was “dead chuffed” to have been chosen to work on the new system. Filippe heard this and immediately told his supervisor that Molly did not like the new computer system. In reality, Molly is very pleased to be involved. Which communication barrier seems to be at play?
a. language/culture b. emotions c. filtering d. noise
To be useful, compensable factors should be:
A. based on the strategy of the organization's competitors B. constant during major shifts in business strategies C. based on the strategy but not the values of the organization D. standardized across all employers E. acceptable to the stakeholders affected by the resulting pay structure
A taxpayer has standing to sue only when he or she challenges an expenditure that
violates a constitutional limitation on that power. a. True b. False
A company has sales of $739,200 and cost of goods sold of $296,200. Its gross profit equals:
A. $739,200. B. $1,035,400. C. $(443,000). D. $443,000. E. $296,200.