A $200,000,8% Bond Issue Was Sold at Face Value and Later

question 49

Multiple Choice

A $200,000,8% bond issue was sold at face value and later redeemed at 104.The corporation would have a:

• A)gain of $20,000.
• B)loss of $20,000.
• C)gain of $8,000.
• D)loss of $8,000.

---

Definitions:

Casparian Strip

The Casparian strip is a barrier made of a band of cell wall material found in the roots of plants, blocking the passive flow of water and solutes into the xylem by way of cell walls.

Endodermal Cells

Cells forming the innermost layer of the three primary cell layers in early embryonic development, which develop into the lining of the gut and associated structures.

Root Cell Wall

A protective layer that surrounds the cells of a plant's root, providing support and regulating the movement of water and nutrients.

Cuticle

Secreted covering at a body surface.