Thursday
April 17, 2014

Homework Help: Accounting

Posted by Karen on Tuesday, May 22, 2012 at 2:14pm.

Susan Kline works for Trend Press, a fairly large book publishing firm. Her best friend and rival, Lisa, works for Silver Books, a smaller publisher. Both companies issue $100,000 in bonds on July 1. Trend's bonds were issued at a discount, while Silver's were issued at a premium. Lisa sent Susan a fax the next day. She told Susan that it was obvious who the better publisher was—the market had shown its preference! She reminded Susan again of her recent increase in salary as further proof of the superiority of Silver Books.

Draft a short note for Susan to send to Lisa. Explain how such a result could occur.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

managerial economics - Cypress River Landscape Supply is a large wholesale ...
phys101 - a hydraulic press contains oil of density=800kg/meter cube,and the ...
algebra - 4. Which of the following is true about a trend line for data? (1 ...
math check answer - 4. Which of the following is true about a trend line for ...
chemistry - what is the trend in bond length for o-h (.96A), s-h (1.341A) and n-...
Math Ms. Sue please - 4. Which of the following is true about a trend line for ...
Microeconomics - Which of the following is most likely to be true of economic ...
American Govt - What are the four trends in the modern American political ...
accounting - As an accountant,what do I need to do with unusable financial ...
Economics/History - What trend did Johan Palmstruch start in Europe? How ...

Search
Members