If bonds are issued ot a premium, the market interest rate a. is the same as face rate of interest b. rose above the face rate of interest c. fell below the face rate of interest d. is higher than the general rate of inflation 2. Use the information below to answer the next two questions: Gwen the information below for the 10% face rate, 9 ear, $100,000 face value bond, DATE CASH INTEREST EFFEC INTEREST AMORT UNAMORTIZED CARRYING VALUE 12/31/2017 79,895.00 $80,487.65 121. $20,105.00 /1/2018 $5,000.00$5,59265 $5926 $19,512.35 634.14 $18.878.21 12/31/2018$5,000.00 55,634.14 3. What amount will appear as Interest Expense for the yeor ended 12/31/18 a $10,000.00 1226.79 c. $18,87821 d. $11,226.79 What amount will appear as "Bonds Payable, ner" on the 12/31/18 balance sheet? a. $ 81,12179 $ 79,895.00 $18,878.21 d. $100,000.00 Use the table below to answer the next two questions: TREND ANALYSIS (IN PERCENTAG NET SALES 2018 2017 2016 13 What does the 2018 Net Sales percent indicate? a sales for 2018 for this company were 142 percent of the sales figure of another company being used in the comparisorn. b. sales for 2018 were 142 percent of the sales for the same company in the base year c. sales for 2018 were 142 percent higher than sales for the same company in the base year d. actual sales for 2018 exceeded budgeted sales for 2018 by 17 percent S. Compare the trend of Net Sales to that of Inventory levels. What does this comparison show? a. An unfavorable trend occurred since Inventory levels increased at a slower rate than Net Sales b. A favorable trend accurred since inventory levels increased at a slower rate than Net Sales c. An unfavorable trend occurred since inventory levels increased at a faster rate than Net Sales d. A favorable trend occurred since inventory levels increased at a faster rate than Net Sales. 6. The total interest cost over the life of the bonds on a five-year, 9 percent, $1,000 bond that is issued ot 104is 7 a. $450 b. $490 c.$410 d. $900 Why is t that as you move to the right and down in the present value tables, the factors decrease? 8. the number of periods, the more interest you can count on in the future less you need to Invest today periods, the more interest you can count on in the future the less you need to invest today d. The lower the interest e. both a and c rate assumed, the more interest you can count on ln the future - the less you need to invest today. rate assumed, the more interest you can count on in the future the less you need to invest today