The Gordon Corporation issued $70,000 of 6%, 5-year bonds on January 1, Year 1 at 98. The interest payments are due on December 31 each year. Gordon uses the straight-line method of amortization.Which of the following answers shows the effect of the first interest payment and amortization of premium or discount? Assets=Liab.+EquityRev.?Exp.=Net Inc.Cash flowA.(4,200)=(4,200)+NANA?NA=NA(4,200) FAB.(4,480)=(280)+(4,200)NA?4,200=(4,200)(4,480) FAC.(4,480)=(280)+(4,200)NA?4,200=(4,200)(4,200) OA/(280) FAD.(4,200)=280+(4,480)NA?4,480=(4,480)(4,200) OA
A. Choice A
B. Choice B
C. Choice C
D. Choice D
Answer: D
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The more precise the prediction in a linear relationship, the closer the R-square value will be to:
A) 0 B) -1 C) +1 D) infinity E) .01
Answer the following statements true (T) or false (F)
1. The three factors that influence our internal and external attributions are distinctiveness, unanimity, and consistency. 2. The steps in the reinforcement process are sometimes referred to as the ABC’s of behavior. 3. There are four types of continuous reinforcement schedules in the reinforcement theory. 4. The social cognitive theory holds that our cognitive processes, which include awareness, perception, reasoning, and judgment, play important roles in how we learn new knowledge and skills.
Super Discount Store sells goods to consumers and businesses in several states in the Midwest. Most of the goods are sold on credit. Super Discount often takes a security interest with the goods as collateral. The state in which a financing statement should be filed depends on the location of
a. the debtor. b. thecollateral. c. thestore in which the goods were sold. d. the place from which Super Discount manages its operations.
Tangshan Mining was extended credit terms of 3/15 net 30 EOM. The cost of giving up the cash discount, assuming payment would be made on the last day of the credit period, would be ________
If the firm were able to stretch its accounts payable to 60 days without damaging its credit rating, the cost of giving up the cash discount would only be ________. A) 72.99%; 18.81% B) 72.99%; 18.25% C) 75.25%; 21.90% D) 75.26%; 25.09%