Knollwood Corporation issued $278,000 of 30-year, 8 percent bonds at 106 on one of its semiannual interest dates. The straight-line method of amortization is to be used. After 11 years, what is the carrying value of the bonds?

Deadlines make it easier to measure performance

Indicate whether the statement is true or false

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered

________ and a potential source of competitive advantage. A) valuable B) rare C) inimitable D) un-substitutable