Powell Company owns an 80% interest in Sauter, Inc On January 1, 2016, Sauter issued $400,000 of 10-year, 12% bonds at a premium of $50,000
On December 31, 2021, 5 years after original issuance, Powell purchased all of the outstanding bonds for $390,000 . Both firms use the straight-line method of amortization. What is the gain on retirement on the 2021 consolidated income statement? a. $12,500
b. $22,500
c. $10,000
d. $35,000
b
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Which of the following is not a method that may be available to an agency charged with protection of the public?
a. A mandatory recall of a defective product b. Imposing mandatory and binding arbitration regarding the agency's dispute with a manufacturer producing a defective product without prior agreement c. Issuance of a cease and desist order stopping production of a defective product d. All of the above can be valid exercises of an agency's right to protect the public.
One of the goals of a feedforward interview is to:
A. Provide an in-depth analysis of the employee's weaknesses. B. Set future goals and objectives. C. Understand the skills that individuals have that allow them to perform well. D. Think about ways that the employee can improve upon his/her weaknesses.