Answer the 4 True or false

13. T F Nevada Sales purchased equipment for $12,000 by issuing a five-year note payable. This will appear in the non-cash investing and financing activities section of the statement of cash flows. 14. T F When a bond is issued, the issue price is the present value of the interest payments the bondholder will receive while holding the bond, plus the present value of the bond principal that will be received at maturity 15. T F If a bond's stated rate is 9% and the market rate at the time is 9% the bond will be issued at a premium 16. T F Treasury stock is a corporation's own stock that it has previously issued and later reacquired