The Amazing Widget Company Issues $500,000 of 6%,10-Year Bonds at 103

question 28

Multiple Choice

The Amazing Widget Company issues $500,000 of 6%,10-year bonds at 103 on March 31,2014.The bond pays interest on March 31 and September 30.The market rate of interest on the issuance date was 4%.Assume the company uses the straight-line method for amortization.What net balance will be reported for the bonds on the balance sheet on September 30,2014?

• A) $500,000.
• B) $515,000.
• C) $514.250.
• D) $515,250.

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Definitions:

Excessive Force

The use of force greater than what is necessary to achieve a legitimate law enforcement objective or to maintain control.

Punishment

The imposition of a penalty as retribution for an offense, often intended as a deterrent to undesirable behavior.

Peacemaking Criminology

An approach to criminology that focuses on reducing crime and violence through peaceful, cooperative strategies rather than punishment and repression.

Moral Decision Making

The process of making choices that are consistent with one's ethical principles and values.