If bonds with a face value of $209,000 are issued at 93, the amount of cash proceeds is ________.
A) $208,907
B) $209,000
C) $194,370
D) $179,740
C) $194,370
Explanation: Cash proceeds ($209,000 × 0.93) = $194,370
You might also like to view...
Which of the following statements is true of the use of creativity in an advertising campaign?
A. Because most advertising is unique, creativity is not enough to break through the clutter. B. The users of creative advertising must avoid using big ideas and unique selling propositions in their advertising campaigns. C. Creative advertising always has a positive impact on sales. D. The nature of advertising requires that everyone involved in the promotional planning process understand the creative strategy. E. Creative advertising that lacks flexibility and artistic value may have a greater impact on the target audience than advertising that is flexible and artistic.
Skill-based pay systems require team members to acquire important skills that affect compensation.
Answer the following statement true (T) or false (F)
An important reason to use a work sheet is to
a. aid the accountant in the daily preparation of journal entries. b. replace the journal when making adjusting and closing entries. c. check the accuracy of adjusting entries before they are entered formally into the accounting records. d. accompany the financial statements in the company's annual report.
Stories that consumers create and share about how they use products
A) typically are a large part of traditional advertising campaigns. B) are inconsistent and unreliable, and therefore should be ignored. C) help to fuel word-of-mouth communication. D) are generally considered to be outside of customers' brand experience. E) spread more efficiently using low-tech sales tactics.