Choose the One Most Appropriate Letter for Each

question 58

Multiple Choice

Choose the one most appropriate letter for each.
-bony fishes

• A)cartilaginous skeleton; jaws
• B)reptile with four-chambered heart
• C)separate openings for the urinary, reproductive, and excretory systems
• D)legless amphibian
• E)invertebrate chordate; no metamorphosis
• F)endotherm with feathers
• G)limbless reptile
• H)most primitive fishes with jaws; extinct
• I)modern-day parasitic jawless vertebrate
• J)North America's only native marsupial
• K)adults are barrel-shaped and secretes a covering of polysaccharides
• L)egg-laying mammal
• M)swim bladder for buoyancy
• N)larvae typically have gills and develop lungs as they mature

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, represented as interest payments on debts such as loans, bonds, or lines of credit.

Discount

The excess of the face amount of bonds over their issue price or the excess of the par value of stock over its issue price.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its face value or par value.

Contract Rate

This term typically refers to the interest rate agreed upon in a financial or loan agreement.