John is a Community Association Manager. Which best describes his education?
a) some college, associates degree, or bachelor’s degree
b) high school diploma and no postsecondary education
c) associates degree, bachelor’s degree, or master’s degree
d) bachelor’s degree, master’s degree, or doctoral degree
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On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
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Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
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John is a Community Association Manager. Which best describes his education?
a) some college, assoc...
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