Chapter 14 Multiple Choice—CPA Adapted 1. On July 1‚ 2012‚ Spear Co. issued 3‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2012 and mature on April 1‚ 2022. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $3‚045‚000 b. $3‚000‚000 c. $2‚970‚000 d. $2‚895‚000 2. On January 1‚ 2012‚ Solis Co. issued its 10% bonds in the face amount of $4‚000‚000‚ which mature on January 1‚ 2022. The
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EXPOSITORY WRITING EXPLAINING A PROCESS 6th grade English Nov 10-14 Objectives Understand the goal of expository writing. ¨ Understanding the content and form of expository writing. ¨ Plan‚ Draft‚ Revise‚ Edit‚ and Publish a How-To Essay. ¨ The Expository Six ¨ ¨ ¨ ¨ ¨ ¨ Informative- Inform: The author informs‚ reports‚ explains. Informative- Inform and Tell Why: The author informs‚ reports‚ explains and tells why. Procedural- How to= Product: The author lists steps in
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Drug Addiction A drug addiction is an ongoing need to use drugs. It is also called substance dependence‚ because the person may depend on drugs to continue functioning normally. Like any addiction‚ it involves a craving‚ or strong want‚ that is very hard to control.[1] When the addict is no longer able to use the drug‚ they will suffer from withdrawal.[2] A person usually become addicted to specific kinds of drugs‚ the use of which may or may not be against the law. A person who may easily become
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Approximately 3.2 billion people use the internet each day. It is estimated that if the internet were to stop operating for one day 200 billion emails and 3 billion Google searches would be delayed. Internet usage has grown substantially over the years due to advances in technology. The internet is a useful resource that provides rapid information and also provides multiple social networking devices. Although the internet is meant to connect people‚ it is doing the opposite. For example Furthermore
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L. Casler The War on Drugs University of Southern California Introduction Nearly half a century has passed since Richard Nixon officially declared a War on Drugs. Several theories exist regarding Nixon’s motives behind the declaration. The most commonly cited theory states that the war on drugs was declared in response to the large number of soldiers returning home from the Vietnam War addicted to heroin. Proponents argue that Nixon actually declared a War on Drugs in fear of the civil rights
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Chapter 14 Working Capital and Current Assets Management Solutions to Problems P14-1. LG 2: Cash Conversion Cycle Basic = Average age of inventories + Average collection period = 90 days + 60 days = 150 days (a) Operating cycle (OC) (b) Cash Conversion Cycle (CCC) = Operating cycle − Average payment period = 150 days − 30 days = 120 days = (total annual outlays ÷ 365 days) × CCC = [$30‚000‚000 ÷ 365] × 120 = $9‚863‚013.70 (d) Shortening either the average age of inventory or the average collection
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The world we live in has various obstacles and issues that negatively affect society and the way in which we live our lives. The war on drugs is one of the most violent and controversial issues in the United States current political system. Drug abuse is linked to issues such as racism‚ crime as well as economic discrimination. The “War” was properly declared in the 1970’s by President Nixon due to the server abuse of illegal substances. President Nixon in an interview stated this war as “Public
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Effects of Alcohol on Society Halyna Strembitska Submitted to: Tarisa Matsumoto-Maxfield In fulfillment of course requirements for English 205 It is 11.40 p.m. on a Monday night and Darren is doing something he has not done
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Abraham Lincoln once stated that "It has long been recognized that the problems with alcohol relate not to the use of a bad thing ‚ but to the abuse of a good thing.” Alcohol is exactly that which can be good for one but the poison for another ‚ particularly ‚ good for adults but bad for adolescent . Our position is that this protective and sensible law should remain until we as Americans can come up with the best way to handle underage drinking. This position is based upon sound science that demonstrates
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CHAPTER 14 DIVIDENDS AND DIVIDEND POLICY Solutions to Questions and Problems Basic NOTE: All end-of-chapter problems were solved using a spreadsheet. Many problems require multiple steps. Due to space and readability constraints‚ when these intermediate steps are included in this solutions manual‚ rounding may appear to have occurred. However‚ the final answer for each problem is found without rounding during any step in the problem. 1. With no taxes we would expect the stock price to drop by exactly
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