Which of the following is not an accurate statement regarding the retirement of debt? (a) when debt is retired on the maturity date, the book value is always equal to the market value.(b) the gain or loss on the extinguishment of debt is categorized on the income statement as part of continuing operations.(c) when debt is retired before the maturity date, a loss occurs if the market rate of interest increased subsequent to the issue of the bond.(d) when debt is retired before the maturity date, a gain occurs if the market rate of interest increased subsequent to the issue of the bond.

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1