On january 1, 2019, tonika company issued a four-year, $10,000, 7% bond. the interest is payable annually each december 31. the issue price was $9,668 based on an 8% effective interest rate. tonika uses the effective-interest amortization method. the interest expense on the income statement for the year ended december 31, 2019 is closest to:

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage