Identify the assertion that is represented by the following statement: " accounts payable and accused expenses are included in the financial statements at appropriate amounts"
A) existence
B) completeness
C) valuation and allocation
D) rights and obligations
C) valuation and allocation
Business
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A seller's or lessor's statement of opinion of the goods does not create an express warranty
Indicate whether the statement is true or false
Business
Plymouth Fountains Inc. has issued 30-year semiannual coupon bonds with a face value of $1,000. If the annual coupon rate is 6% and the current yield to maturity is 7%, what is the firm's current price per bond?
A) $875.28 B) $1,000.00 C) $934.34 D) $466.79
Business