Interest expense is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?
a. decrease
b. increase
c. remain constant
d. not enough information given to decide
b
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Firms with a geocentric predisposition have a ________ culture.
A. home country B. regional C. host country D. global
Law actually refers to the duties imposed upon people requiring them to act in a certain manner
Indicate whether the statement is true or false
The "dollar days" inventory measurement results from a complex algorithm used to compute individual units of inventory and their respective ordering and holding costs.
Answer the following statement true (T) or false (F)
Plotty's Discount Motors sold a Pontiac Grand Am to Charles. The car's odometer said it had less than 130,000 miles on it, but a history report says the actual mileage is about 230,000 . Plotty's Motors was manipulating the odometer dial on vehicles and turning the mileage listed backwards in order to make the vehicles more appealing to prospective buyers. If Charles chose to keep the car and sue
for damages, which statement is TRUE? a. Charles would be entitled to punitive damages for the fraud. b. Charles would be entitled to compensatory damages equal to the difference in the value of a car with 230,000 miles and one with 130,000. c. Both of the above. d. Neither of the above. He would only be entitled to nominal damages.