The geometric mean of 1, 1, 8 is
a. 10.0
b. 2.0
c. 3.33
d. 3.0
B
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Which of the following statements regarding amortization is true?
a. Amortization of the premium causes the premium on bonds payable account to increase. b. Amortization of the premium causes the amount of interest expense to increase. c. Cash interest payments on bonds equals interest expense on the income statement when there is amortization of bond premium. d. Amortization of premium continues over the life of the bond until the balance in the account is reduced to zero.
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Indicate whether the statement is true or false
Punctuate the sentence correctly. Dr Young ordered a sleep study
The Limberger Corporation declared a quarterly dividend of $0.10 per share. The ex-dividend date was July 15, the date of record was July 18, and the payment date was July 28
If you had owned 100 shares of the Limberger Corporation and sold them on July 15, then A) you would collect $10.00 in dividends, and the purchaser would not collect any dividends. B) the purchaser would collect $10.00 in dividends, and you would not collect any dividends. C) you would collect $5.00 in dividends, and the purchaser would collect $5.00 in dividends. D) neither you nor the purchaser would collect any money in dividends.