Companies use intraperiod tax allocation for all of the following items except

a. Discontinued operations.
b. Extraordinary items.
c. Changes in accounting estimates.
d. Income from continuing operations.

Answer: c. Changes in accounting estimates.

Business

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The ________ strategy utilizes a standardized product across countries

Fill in the blanks with correct word

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Valley Manufacturing Inc. just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay

interest semiannually. Investors require a rate of 9% on the bonds. What is the bonds' coupon rate? A) 8% B) 6% C) 9% D) 7%

Business