If the amount of a bond premium on an issued 11%, 4-year, $100,000 bond is $12,928, the semiannual straight-lineamortization of the premium is $1,416
a. True
b. False
Indicate whether the statement is true or false
False
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If the perpetual inventory system is used and a physical count disclosed a shortage, the cost of merchandise sold should be debited and the merchandise inventory account credited
Indicate whether the statement is true or false
What are the three primary ways that marketers deliver services?
A. Over the phone, online, or in-person B. Continuously, periodically, or on demand C. At the customer's home, in-person, or by telecommunications D. Through service centers, delivery vehicles, or the mail E. Service facilities, customer's home, or from a distance
Total assets on your balance sheet are $6,000 and liabilities are $2,000. Your solvency ratio will be:
A. 30%. B. 33%. C. 67%. D. 85%. E. 75%.
In a binomial experiment the probability of success is 0.06 . What is the probability of two successes in seven trials?
a. 0.0036 b. 0.0600 c. 0.0555 d. 0.2800