Bond x has an 8% annual coupon, bond y has a 10% annual coupon, and bond z has a 12% annual coupon. each of the bonds is noncallable, has a maturity of 10 years, and has a yield to maturity of 10%. which of the following statements is correct? a. bond x has the greatest reinvestment risk. b. if market interest rates decline, the prices of all three bonds will increase, but z's price will have the largest percentage increase. c. if the bonds' market interest rate remains at 10%, bond z's price will be lower one year from now than it is today. d. if market interest rates increase, bond x's price will increase, bond z's price will decline, and bond y's price will remain the same. e. if market interest rates remain at 10%, bond z's price will be 10% higher one year from today.

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

Identify the three components of a family's culture and provide one example from your own experience

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?