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11. Asset reirement oligas a to rplace oldl uiings and quigane with aww assets a. Possible b. Avoidable. d. Probable 13. A company has a peohoble Aos tht can yy estimated within a rangs of Under US. GAAP, what amount ofss cetingcecy a. the maxinum amsunt ofthe range b. the midpoint amount of the unge e. the minimum anount of the rnge d. the average amount of the range 14. To recornd an asset retirement obligation (AROA the cost associated with the ARO is a expensed in the year of purchase b included in the carry ing amount (i.e, book value) of the related long-lived asset c. ignored until it hapens in the future d. capitalized over the asset's useful lite 15. Xenia Corporation issued 3,000 term bonds with a face value of S1,000 each and no additional features for $2,800000 The bonds' selling price indicated that the bonds were paying interest that was a lower than the market rate b. the rate the bond investors wanted c. equal to par value d. higher than the market rate The selling price of a bond is the a. par value of the bond b. par value plus the discount of the bond c. present value of par value plus the p d. present value of par value minus the present value of the interest payments 16. or minus the premium of the bond value of the interest payments present