The Hayden Corporation issues 1,000, 10-year, 8%, $2,000 bonds dated January 1 at 92 . The journal entry to recordthe issuance will show a
a. credit to Discount on Bonds Payable for $160,000
b. debit to Cash of $2,000,000
c. credit to Bonds Payable for $2,000,000
d. credit to Cash for $1,840,000
c
You might also like to view...
The business case for an IT project does not need to address risk, since risk will be factored into the discount rate.
Answer the following statement true (T) or false (F)
While citizen marketers seek to enhance a company's image, MPR professionals
A) must interview each citizen marketer before they are recruited. B) prefer advertising campaigns for their reliability. C) need to evaluate their credibility compared to traditional media. D) find no shortage of industry experts and celebrities to serve as citizen marketers. E) look negatively on the use of consumers who enjoy participating in a community.
The use of residual income encourages managers to accept any project that earns below the minimum rate
Indicate whether the statement is true or false
An important consideration in designing a strategy-supportive motivation and reward system is to
A. employ incentives that will help motivate employees to work hard at performing their assigned duties and activities. B. make across-the-board wage and salary increases the cornerstone of monetary rewards. C. choose those types of rewards and incentives that focus employees' attention on "what to do." D. link the payment of all monetary rewards to the company's profitability. E. make both monetary and nonmonetary rewards integral parts of the reward system.