Answer:
False
Explanation:
A call provision entitles the issuer of the bond the right to call or demand repayment of the bond. Bondholders do not have the right to call the bond. If bondholders do not want to hold the bond anymore they can just sell it on the secondary bond market.
Answer:
Simple interest is paid only on the original amount borrowed.
Answer:
350,000
And if done per unit, $3.50
Explanation:
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
The target cost of the product is the difference between the selling price and the anticipated profit.
Target cost per unit
= $6.00 - $2.50
= $3.50
Total Target cost = $3.50 * 100,000
= $350,000
Answer:
Payment id received for merchanise sold on account
