If the market interest rate is lower than the face interest rate at the date of issuance, bonds will
A) not sell until the face interest rate is adjusted.
B) sell at face value.
C) sell at a discount.
D) sell at a premium.
D
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Machinery was purchased on January 1 for $51,000 . The machinery has an estimated life of 7 years and anestimated salvage value of $9,000 . Double-declining-balance depreciation for the second year would be (roundcalculations to the nearest dollar):
a. $6,000 b. $10,500 c. $10,929 d. $10,408
If the researcher is concerned about the number of variables, the nature of the analysis, and completion rates, then, he/she is at which stage of the sampling design process (Figure 11.1 in the text)?
A) Determine the sampling frame. B) Select a sampling technique(s). C) Determine the sample size. D) Execute the sampling process.
A variant of fiscal-year budgeting whereby a twelve-month projection into the future is maintained at all times is termed:
A) flexible budgeting B) continuous budgeting C) zero-based budgeting D) master budgeting
Which of the following statements is true about the pyramid model of corporate social responsibility?
a. It states that philanthropy should be the most important function of a corporation. b. It states that the economic responsibility of a corporation provides the foundation for its other responsibilities. c. It states that governments and nonprofit organizations and not corporations should carry out social responsibility functions. d. It states that social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.