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Can you answer all three? thank you Question 25 (10 points) If the market rate of a bond is greater than the stated rate, the
Can you answer all three? thank you
Question 25 (10 points) If the market rate of a bond is greater than the stated rate, the bond is trading at a discount a) True b) False Question 26 (15 points) Match each transaction with the correct Cash Flow Statement category. Operations > 1. Receipts from repayment of loans by borrowers Investing 2. Payments to acquire treasury stock v Financing 3. Payment of interest to creditors Question 27 (10 points) 3T Corp purchases 20,000 shares of MK Corp's 100,000 shares of common stock outstanding for $80.000. Later MK Corp recorded a Net Income of $3,000,000. 3T should record that event as a) Debit Equity Method Investment 3,000,000 and Credit Earnings from Equity Method Investment 3,000,000 b) Debit Stock Investment 3,000,000 and Credit Net Income 3,000,000 c) Debit Equity Method Investment 600,000 and Credit Earnings from Equity Method Investment 600,000 d) Debit Stock Investment 600.000 and Credit Cash 600.000
Can you answer all three? thank you
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