A Statement That Explains, Asserts, or Predicts on the Basis

question 11

Multiple Choice

A statement that explains, asserts, or predicts on the basis of statements (known as reasons) that are offered as evidence for it is called

• A)an explanation.
• B)a conclusion.
• C)an argument.
• D)an inference.

---

Definitions:

Issue Price

The price at which new shares are offered to the public by a corporation during an issuance.

Effective-interest Amortization

A method of amortizing the premium or discount on bonds payable that reflects the periodic interest expense based on the bond's carrying value.

Interest Expense

Expenses related to the borrowing of money by an entity during a certain period.

Issue Price

The price at which a new issue of securities is offered to the public.