超星 - Assignment 9

单选题

Which of the following statements is true in relationship to a company financing with debt rather than stock?

A. The principal amount must be repaid at the maturity of the bonds.
B. Trading on equity means that the business earns less by investing borrowed funds than it pays in interest expense on bonds.
C. Earnings per share will generally be higher when a company is financed with stock rather than debt.
D. Interest expense is not tax-deductible while dividends are tax-deductible.

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单选题

On January 1st, XYZ Company issued $200,000, 5-year, 4% bonds. The market rate at the time of the sale was greater than 4% so the bonds were sold at 93. Interest is payable June 30th and December 31st. The entry to record the sale of the bonds would include a:

A. Debit to Cash for $200,000.
B. Credit to Cash for $186,000.
C. Debit to Discount on Bonds Payable for $14,000.
D. Credit to Bonds Payable for $186,000.

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单选题

On January 1st, XYZ Company issued $200,000, 5-year, 4% bonds. The market rate at the time of the sale was greater than 4% so the bonds were sold at 93. Interest is payable June 30th and December 31st. If the XYZ Company uses the straight-line method to amortize discount on the bonds, the entry to record the first interest payment would include:

A. Debit to Interest Expense for $5,400.
B. Debit to Interest Expense for $9,400.
Credit to Cash for $5,400.
Debit to Discount on Bonds Payable for $1,400.

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单选题

Carly’s began operations early this year, selling a product that carries a 1-year warranty; any defective units will be replaced within that time. The product has a cost to Carly of $55 and a selling price of $108.Carly estimates that approximately 1% of the units will be defective. During the year, 62,000 units were sold and 275 units were returned for replacement.What is the balance in Warranty Payable at the end of the current year?

A. $34,100
B. $15,125
C. $18,975
D. $37,260

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单选题

On July 1, 2015, a company issued $100,000, 8-year, 4% bonds payable for $93,472, when the market rate of interest was 5%.Interest payment dates are June 30 and December 31.Using the effective interest method of amortization, the carrying amount of the bonds on December 31, 2015 will be:

A. $93,809
B. $93,135
C. $100,000
D. $99,663

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单选题

Which of the following statements is TRUE regarding pension liabilities?

A. They originate when a business provides retirement compensation for its employees.
B. If the pension obligation exceeds the market value of the plan assets, that excess is reported as a liability.
C. If the plan assets exceed the pension liability, the asset and obligation amounts are reported only in the notes to the financial statements.
D. All of the above are true.

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单选题

In order to ensure the above qualities, and of course many other qualities, a professional organization called() for concierges was formed in Francein October 1929 by Ferdinand Gillet.

A. Les Clefs d'Or
B. F & B
C. World Hotel Association
D. U N

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单选题

() are the symbol of qualified and standardized service.

A. golden cards
B. golden keys
C. golden hats
D. white gloves

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多选题

Which descriptions are true about the Goldren Keys?()

A. The Golden Keys have received professional training.
B. You can recognize the Golden Keys by the keys on the lapels on their uniforms.
C. The Golden Keys refers to an experienced concierge who stands behind the service booth in suit or tailcoat.
D. The Golden Keysformed in France in October 1929 by Ferdinand Gillet.

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判断题

In guiding the guest with the bus tour, the concierge should first tell the guest where the nearest bus stop or subway station is. And then tell the guest which bus or subway they can take and at which stop the guest should get off.

A. 对
B. 错

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