Under the deposit method, no revenue is recognized until the sale is complete.

With a 10% discount rate, the present value factor of $1 received 10 years from now is 0.386. The present value of a $1 annuity factor for 10 years is 6.145

Given these values, the present value of a $1,000 (par), 10-year corporate bond with a 12% coupon rate is A) $6,191.32. B) $1,586.00. C) $1,123.40. D) $1,000.50

Nike outsources manufacturing so that it can focus on product development, logistics, brand

management and ________. A) research and development with new technologies B) business analysis C) customer retention and expansion D) innovative merchandising