Crane Company retires its $300000 face value bonds at 102 on January 1, following the payment of interest. The carrying value of the bonds at the redemption date is $288750. The entry to record the redemption will include a debit of $17250 to Gain on Bond Redemption. credit of $11250 to Loss on Bond Redemption. debit of $6000 to Premium on Bonds Payable. credit of $11250 to Discount on Bonds Payable.

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.

The questions of economics address which of the following ? check all that apply