On january 1, 2018, splash city issues $460,000 of 8% bonds, due in 15 years, with interest payable semiannually on june 30 and december 31 each year. required: assuming the market interest rate on the issue date is 8%, the bonds will issue at $460,000. record the bond issue on january 1, 2018, and the first two semiannual interest payments on june 30, 2018, and december 31, 2018.

Which of the following statements is true about financial planning

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries