Which of the Following Factors Is Used to Calculate the Total

question 2

Multiple Choice

Which of the following factors is used to calculate the total return on the sale of a bond?

• A)commission when bond was purchased
• B)interest earned on the bond
• C)cost of the bond when purchased
• D)dollar return when the bond was sold
• E)All of these

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Definitions:

Decreases

A reduction in the quantity, size, or value of something.

Notes Payable

A written agreement or promissory note to pay a certain sum of money, usually with interest, by a specific date.

Salaries Expense

Represents the total amount of gross wages paid by a business to its employees over a specific period, typically before any deductions.

Chronological Order

The arrangement of events, documents, or records in the sequence of their occurrence.