On january 1, 2009, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $487,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the amount of interest expense to be recorded on june 30, 2009 is $25,000.

a. true

b. false

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production