When bonds are sold for less than the face amount, this means that the:
A) maturity value will be less than the face amount.
B) maturity value will be greater than the face amount.
C) bonds are sold at a premium.
D) stated rate of interest is less than the market rate of interest.
D
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Portland Sound Cafe began business on January 1, 2016 . The corporate charter authorized issuance of 1,000 shares of no-par value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland Sound sold 400 shares of common stock at $8 per share on May 1 . The entry to record the issuance of the shares on May 1
will: a. Increase Cash, $1,000; Increase Additional Paid-in Capital—Common, $320; Increase Common Stock, $680 b. Increase Cash, $3,200; Increase Additional Paid-in Capital—Common, $2,800; Increase Common Stock, $400 c. Increase Cash, $4,800; Increase Common Stock, $4,800 d. Increase Cash, $3,200; Increase Common Stock, $3,200
When museums charge a lower admission fee to students and senior citizens, this form of price discrimination is known as ________ pricing
A) location B) channel C) customer-segment D) special-customer E) loss-leader
As you know its often a good idea to check the internet for retail job openings
What will be an ideal response?
The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account$11,455 Inventory of postage stamps$74 Money market fund balance$10,400 Petty cash balance$350 NSF checks from customers returned by bank$867 Postdated checks received from customers$791 Money orders$290 A nine-month certificate of deposit maturing on December 31 of current year$6,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:
A. $22,495 B. $28,495 C. $23,286 D. $12,095 E. $29,286