17. If the market value of bonds changes after they have been issued, the issuing company should: a. show the new market value of the bonds on its balance sheet. b. revise the bond premium or discount. c. change the interest it pays on the bonds. d. do nothing. 18. Mortgage payments will generally: a. include both interest and principal. b. be made semi-annually. c. include only interest. d. not be tax deductible. 19. Solvency means a company's ability to pay its: a. current liabilities. b. interest on its liabilities. c. current and long-term liabilities. d. dividends. 20. An employee filed a lawsuit against his employer for throwing a birthday party for him after he asked them not to. The company's attorneys believe a loss is unlikely. Should the company disclose this potential liability? a. It doesn't have to be disclosed because the amount isn't certain. b. It doesn't have to be disclosed because the company may not actually lose. c. It should be disclosed in the financial statement footnotes. d. It should be recorded as a liability on the balance sheet and a loss on the income statement