In some instances, the size of type used in printing forms is controlled by state law

Indicate whether the statement is true or false.


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On the first day of the fiscal year, Lisbon Co issued $1,000,000 of 10-year, 7% bonds for $1,050,000, with interestpayable semiannually. Orange Inc purchased the bonds on the issue date for the issue price. The journal entry torecord the amortization of the premium (by the straight-line method) for the year by Lisbon Co includes a debit to

a. Interest Expense for $2,500 b. Premium on Bonds Payable for $2,500 c. Interest Expense for $5,000 d. Premium on Bonds Payable for $5,000

Business

Suppose that a risk-neutral investor has a choice between buying a one-year bond paying 4 percent today, a two-year bond paying 5 percent today, a three-year bond paying 5.3 percent today, or a four-year bond paying 5.8 percent today. The investor would buy

A. a one-year bond today. B. a two-year bond today. C. a three-year bond today. D. a four-year bond today.

Business

Which of the following should be followed when writing recommendation letters?

A) Omit any negative information. B) Only verify dates of employment and job titles. C) Never collaborate with the former employee in developing the letter. D) Understand your company's policy on letters of recommendation to avoid legal complications. E) Never offer to provide a personal reference.

Business

Wherever possible, you should use concrete rather than abstract words to make your messages easier to understand

Indicate whether the statement is true or false

Business