Euphoria Is

question 9

Multiple Choice

Euphoria is:

• A) Loss of time
• B) A state of feeling well
• C) A condition of uncontrolled sleep
• D) A state of sleep
• E) An increase in nourishment

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Definitions:

Premium On Bonds

The amount by which the market value or sale price of a bond exceeds its face value, indicating that the bond was sold for more than its original issue price.

Contra Account

An account used in accounting to reduce the value of a related account; it has a balance opposite to the normal account balance.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which may differ from its market value.

Carrying Value

The book value of an asset on a company's balance sheet, calculated as the original cost minus accumulated depreciation.