ch11b - uestion 1 (1 point) Wilson Co. purchased bonds...

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Unformatted text preview: uestion 1 (1 point) Wilson Co. purchased bonds issued by Sari Co. The bonds pay interest at a rate of 8% and were purchased to yield a market rate of 10%. As a result, the bonds were purchased at Student response: Student Response Answer Choices a. their face value b. more than their face value c. less than their face value d. their maturity value Score: 0 / 1 Question 2 (1 point) All of the following would be included in the investing activities section of the statement of cash flows except Student response: Student Response Score: 1 / 1 Question 3 (1 point) Which of the following companies would be MOST likely to have an operating cycle longer than one year? Student response: Student Response Score: 1 / 1 Question 4 (1 point) An investment that yields significant influence or control is Student response: Student Response Score: 1 / 1 Question 5 (1 point) When a company owns 20% to 50% of the common stock of another company it is considered by GAAP to have __________ over that company.When a company owns 20% to 50% of the common stock of another company it is considered by GAAP to have __________ over that company....
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This note was uploaded on 04/29/2010 for the course ACCT 5031 taught by Professor Rusth during the Fall '09 term at University of Houston.

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ch11b - uestion 1 (1 point) Wilson Co. purchased bonds...

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