Not all connectors meet all of the criteria necessary to be categorized as citizen marketers

Indicate whether the statement is true or false


TRUE

Business

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Exhibit 14-5 Joseph Company had underwriters prepare a bond issue for $100,000 9%, ten-year bonds dated January 1, 2014 The bonds were issued on March 1, 2014 at 102 plus accrued interest on. Expenses connected with the issue totaled $5,000 and were deducted in arriving at the net proceeds. Joseph amortizes premiums and discounts using the straight-line method. ? Refer to Exhibit 14-5. The

entry to record the issue would include a debit to Cash for A) $97,000. B) $98,500. C) $99,500. D) $102,000.

Business

The officer of the company who has the ultimate responsibility for implementing the company's long and short-term goals is the ________.

A) Chief Financial Officer B) Chair of the Board C) Chief Executive Officer D) Chief Officer for Human Relations

Business

Which of the following should be true for a skimming price to be successful?

A) Target consumers should be price sensitive. B) Supply should exceed demand. C) Demand must be stabilizing. D) The producer should use intensive distribution. E) There should be little chance that competitors can quickly enter the market.

Business

All of the following components are shown in the income statement net of applicable income taxes EXCEPT

a. discontinued operations. b. cumulative effect of a change in accounting principle. c. gain or loss on sale of plant assets. d. extraordinary gain or loss.

Business