The amortization of discount on bonds purchased as a long-term investment
A) decreases the amount of interest expense
B) increases the amount of the investment account
C) decreases the amount of the investment account
D) increases the amount of interest expense
B
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Which of the following operating activities results in a cash outflow?
a. Paying creditors for merchandise b. Collecting accounts receivable c. Making cash sales d. Receiving deposits recorded as unearned revenue
Describe time inconsistency and explain how it can be avoided by a central bank setting monetary policy.
What will be an ideal response?
If a business had a 100 percent market share, then ________
A) it would be unable to achieve full market potential B) it would see beyond the articulated needs of served customers C) its sales would equal the market demand D) its net marketing contribution would be negative E) marketing and sales expenses would exceed gross profit
Which term refers to the attraction of water molecules to one another?
A. photolysis B. adhesion C. polarity D. cohesion E. hydrolysis