Floating-rate bonds are bonds that can be redeemed at par at the option of their holder either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired,
acquiring another company, or issuing a large amount of additional debt.
Indicate whether the statement is true or false
FALSE
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Rental receipts for the period July 1, 2015, through June 30, 2016, were collected on June 30, 2015. The effects of these economic events on the 2015 financial statements for unearned revenue and rent revenue are Unearned Revenue Rent Revenue I. Increase Increase II. Increase Decrease III. Decrease No effect IV. Decrease Increase
A) I B) II C) III D) IV
Which of the following statements about retail store personnel is true?
A) The presence of knowledgeable sales personnel is generally unimportant to shoppers. B) Shoppers tend to rate the quality of service they receive from sales personnel as low. C) The turnover rate among sales personnel is low. D) Superior customer service is rarely seen as a competitive advantage. E) Store personnel are unrelated to a store's image.
Services that have a direct impact on the company’s operations, are used by the customers, or require unique or highly skilled workers to provide are ______.
a. nonstrategic services b. standard services c. strategic services d. public services
With regard to UCC Article 6, which of the following is true?
A) The 1988 joint recommendation of the National Conference of Commissioners on Uniform State Laws and the American Law Institute was for states to adopt the revised version of Article 6, which the majority of states have done. B) At least 45 states have repealed Article 6. C) Article 60 is a revision of Article 6. D) Article 6 applies to sales of live goods such as cattle, chickens and hogs.