A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $5000. The company retired these bonds by buying them on the open market at 98. What is the gain or loss on this retirement?
A. $2000 loss.
B. $2000 gain.
C. $0 gain or loss.
D. $3000 gain.
E. $3000 loss.
Answer: E
You might also like to view...
The Snapple products produced by Dr. Pepper follow the ______ strategy.
A. cost leader B. price leader C. differentiation D. focus or niche
Which of the following is the objective of Johnson’s rule?
A. minimize makespan B. maximize makespan C. maximize average flow time D. minimize critical ratio
The Gordon model is based on the premise that the value of a share of stock is equal to sum of all future dividends it is expected to provide over an infinite time horizon
Indicate whether the statement is true or false
Enumerating different potential implementation environments that could be used to deliver the different sets of capabilities occurs during the:
A) requirements structuring step of the analysis phase. B) shaping alternative system design strategies phase. C) testing step of the implementation and operation phase. D) project initiation and planning step of the planning and selection phase. E) designing the human interface step of the design phase.