If a business is considering whether to replace old equipment with newer equipment, the cost of operating the old equipment, compared to the cost of operating the new equipment, is relevant to the business decision

Craddock Company issued 6%, 10-year bonds with a face amount of $1,000,000 for $1,020,000. The bonds pay interest semi-annually on June 30 and December 31 of each year. The semi-annual straight-line amortization of the premium on bonds payable will

A. increase interest expense by $20,000 B. not impact interest expense or the carrying value of the bond C. decrease interest expense by $1,000 D. decrease interest expense by $1,000

Aggravated damages are extra money awarded to punish intentionally bad behavior

Indicate whether the statement is true or false