Wilson Corp. issued $1,000,000 of 4% bonds on April 30 at par value. The bonds were dated January 1. The company pays interest on June 30 and December 31 each year. How much will the buyer need to pay the company in accrued interest?

A major reason that forecasting is so important in business is that

a. customers often demand forecasts before they purchase equipment. b. forecasts accurately describe a company's history. c. forecasts are good for spotting errors in current operations. d. spotting trends can give you an edge over the competition.

The Constitution created the U.S. Supreme Court and authorized it to establish lower courts as needed

a. True b. False Indicate whether the statement is true or false