The ________ Is the Stated Amount on the Face of a Bond,which

question 69

Multiple Choice

The ________ is the stated amount on the face of a bond,which the firm is to repay at the maturity date.

• A)historical value
• B)debt price
• C)par value
• D)relevant value
• E)none of the above

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Definitions:

Planning Budget

A budget developed for various levels of activity, forecasting revenue and expense figures based on different production or sales volumes.

Net Operating Income

The profit a company generates from its regular business activities, excluding deductions for interest and taxes.

Units

A measurement or quantity of something considered as a standard measure, in business often referring to a single item of a product.

Planning Budget

A budget prepared for a particular level of activity, often used as a benchmark for evaluating actual performance.