The conversion feature of a bond is a feature that is included in all corporate bond issues that gives the issuer the opportunity to repurchase bonds at a stated price prior to maturity

Brand equity can be built by linking the brand to sources, such as channels of distribution, as well as to other brands

Indicate whether the statement is true or false

A major advantage of the retail method of accounting is that _____

a. costs do not have to be decoded b. a physical inventory is required to prepare an operating statement c. frequent operating statements are not possible or necessary d. no adjustments to inventory values need be recorded