Examlex
Using Binet's formula,the IQ of a six-year-old child with a mental age of eight is .
Unamortized Bond Discount
The part of the bond issue price that is below its face value and has not yet been expensed in the company's financial statements.
Market Rate
Market rate, often referred to as the going rate, is the standard or average price of a good or service in a certain market at a given time.
Straight-Line Method
A depreciation technique that allocates an equal proportion of the cost of an asset to each year of its useful life.
Amortize Discount
The process of gradually writing off the discount on bonds payable over the life of the bond, effectively recognizing some interest expense each period.
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