On January 1, Year 1, Daniels Company issued bonds with a face value of $500,000, receiving $496,000 cash. When the bonds mature, Daniels will have to pay the face value of the bonds to the bondholders.
Answer the following statement true (T) or false (F)
True
The face value is the amount paid to bondholders at maturity, whether the bonds were issued at a premium, a discount, or face value.
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A service provider should strive to provide seamless service that seems effortless and natural to the customer.
Answer the following statement true (T) or false (F)
The 2019 balance sheet for Standard Electronics reported the following items — with 2018 figures given for comparison:
Net income for 2019 was $25,000. Compute the rate of return on common stockholders' equity for 2019. (Round your final answer to two decimal places.)
A) 4.38%
B) 10.37%
C) 11.09%
D) 4.69%
Responsibility is ______.
a. the obligation to achieve objectives by performing required activities b. the right to make decisions, issue orders, and use resources c. how well individuals meet their objectives d. the clear line of authority from the top to the bottom of an organization, forming a hierarchy
Which of the following factors determines the amount that a firm would have invested in accounts
receivable? A) the volume of sales B) the percentage of credit sales to total sales C) the terms of sale D) collection efforts E) All of the above