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6 . The interest rate written in the terms of the bond indenture is known as the a . coupon rate. b . nominal rate.

6. The interest rate written in the terms of the bond indenture is known as the
a. coupon rate.
b. nominal rate.
c. stated rate. -
d. coupon rate, nominal rate, or stated rate.
7. Liabilities are
a. any accounts having credit balances after closing entries are made.
b. deferred credits that are recognized and measured in conformity with generally accepted accounting principles
c. obligations to transfer ownership share to other entities in the future.
d. obligations arising from past transactions and payable in assets or services in the future.
8. Keisler Corporation reports:
Cash provided by operating activities $200,000
Cash used by investing activities (110,000)
Cash provided by financing activities 140,000
Beginning cash balance 70,000
What is Keislers ending cash balance?
a. $230,000
b. $300,000
c. $450,000
d. $520,000
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