At the date of issue, bond buyers determine the present value of the bonds' cash flows using the market interest rate.

Melissa Antiques Company has collected the following data for one of its products

Direct materials standard (3 pounds @ 1/lb.) $3 per unit Direct materials flexible budget variance-unfavorable $15,500 Actual direct materials used 101,000 pounds Actual units produced 18,000 units What is the direct materials efficiency variance? A) $18,000 U B) $47,000 F C) $47,000 U D) $18,000 F

Which of the following countries allows companies to dispose of toxic chemical waste?

A) Canada B) Japan C) Nigeria D) China