On january 1, 2013, an investor paid $291,000 for bonds with a face amount of $300,000. the contract rate of interest is 8% while the current market rate of interest is 10%. using the effective interest method, how much interest income is recognized by the investor in 2014 (assume annual interest payments and amortization)?
a. $23,280
b. $25,140
c. $29,100
d. $29,610

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

Which of these is an example of innovation?

Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?