Chang Industries Has Bonds Outstanding with a Par Value of $200,000

question 80

Multiple Choice

Chang Industries has bonds outstanding with a par value of $200,000 and a carrying value of $203,000.If the company calls these bonds at a price of $201,000,the gain or loss on retirement is:

• A)$1,000 gain.
• B)$2,000 loss.
• C)$3,000 gain.
• D)$1,000 loss.
• E)$2,000 gain.

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Definitions:

Richer Channels

Richer channels refer to communication methods that can convey more non-verbal cues and facilitate higher levels of understanding, such as face-to-face conversations.

Organization's Strategies

The comprehensive plans and actions that businesses implement to achieve their long-term objectives and maintain competitive advantage.

Content

The information, subjects, or thematic material contained within a medium or communication.

Lateral Communication

Lateral communication is the flow of messages at the same levels across organizations.