On January 1, 2019 Crandall Inc. issued $1,000,000 bonds paying an annual stated rate of 6%. Interest is paid semiannually on June 30 and December 31. The bonds mature in 5 years. The annual market rate of interest for similar types of financial instruments is 8%. 1. Compute the bond issuance proceeds received by Crandall and record the bond issuance entry on January 1, 2019.

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service