The following sentences may have misspelled words or incorrect punctuation. Make all corrections that are needed. If a sentence is correct as it is now written, write "Correct" by it

Because we were told there was a nonrefundible charge, we decided not to purchase the item.


Because we were told there was a nonrefundable charge, we decided not to purchase the item.

Business

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On January 2, 2016, Hi-Tech Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. The annual cash payment (paid in semiannual payments) on the bonds is

a. $40,000. b. $30,000. c. $20,000. d. $15,000.

Business

Lydia's father has named Lydia in his will as the inheritor of his farm. He has also named her as a beneficiary in his insurance policy. Lydia is:

A. a creditor beneficiary. B. the assignee by novation. C. an incidental beneficiary. D. a donee beneficiary.

Business

The FASB's conceptual framework includes which of the following as financial reporting objectives?

a. Provide information useful for making rational investment and credit decisions. b. Provide information to help current and potential investors and creditors assess the amount, timing, and uncertainty of future cash flows. c. Provide information about the economic resources of a firm and the claims on those resources. d. Provide information about a firm's operating performance during a period. e. all of the above

Business

______ is information provided by the receiver that verifies that a message was transmitted successfully.

A. Communication B. Paraphrasing C. Active listening D. Feedback

Business