Convertible bonds are attractive to bondholders because Oa. the issuing company cannot retire the bonds before maturity. Ob. they carry a convertible interest rate that can be increased when the market rate of interest increases. Oc. they can be converted into stock at the bondholder's option. Od. they usually carry a higher rate of interest than non-convertible bonds. On January 15, a corporation paid a cash dividend that had been declared prior to the end of its previous fiscal year. The entry to pay the dividends includes a debit to Ca. dividends payable and a credit to retained earnings Ob. dividends payable and a credit to cash Oc cash and a credit to dividends payable. d. retained earnings and a credit to dividends payable Which of the following is not a financing activity? a. Purchasing a company's own stock (treasury stock) for cash. Ob. Making a cash payment to repay a bank loan. Oc. Selling an investment in IBM stock for cash. Od. Issuing bonds for cash. Fabian Woodworks This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on January 1, 2019, and was used 27,000 hours in 2019 and 26,000 hours in 2020. Refer to Fabian Woodworks. If the company uses the double-declining-balance depreciation method, what amount is the depreciation expense for 2020? Oa. $2,000 Ob $1.728 Oc. suo Od. $2,800