A company reported that its bonds with a par value of $40,000 and a carrying value of $52,000 are retired for $60,000 cash, resulting in a loss of $8,000. The amount to be reported under cash flows from financing activities is . multiple choice $(8,000) $(60,000) $12,000 $40,000 $(52,000)

The simple interest in a loan of $200 at 10 percent interest per year is

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage