Bonds are issued on June 1, 2020 that have interest payment dates of April 1 and October 1. Consider the financial statements for the year ended December 31, 2020.  Bond interest expense and interest payable on the financial statements for the year ended December 31, 2020, is for a period of:          Interest expense            Interest payableA.        Seven months.             Three monthsB.        Seven months.             Seven monthsC.        Three months.             Seven monthsD.        Three months.             Three months

The following information pertains to Seda Co.’s pension plan: What was Seda’s projected benefit obligation at December 31, if no change in actuarial estimates or amendments occurred during the year?

ABC declared and paid cash dividends in January of the current year.  ABC paid $5 million to preferred shareholders and $3 million to common shareholders. What effect will the dividends have on the numerator of the basic EPS? 

Oklahoma Oil Corp. paid interest of $785,000 during 2018, and the discount on bonds payable fell by $100,000.  What was interest expense for the year? 

Which of the following is not a condition in the determination of when a valid contract exists:

A stock dividend or stock split would affect which of the following shares in computing EPS?

Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2020: Prior service cost at Jan 1, 2020, from plan amendment at the                        beginning of 2017 (amortization: $2 million per year) $14 million Net loss-AOCI at Jan. 1, 2020 (previous losses exceeded previous gains) $82 million Average remaining service life of the active employee group 10 years Actuary’s discount rate 7% $ in millions for the following lists. Determine Douglas-Roberts’ pension expense for 2020.

Pfeffer Company reports net income of $360 million for 2020; the company’s tax rate is 40%.  At the beginning of the year, 200 million common shares were outstanding.  On August 1, 2020 the company issued an additional 120 million shares. What will Pfeffer’s basic EPS be?

What is the “long-run interpretation” for Confidence Intervals?

BONUS Suppose you are interested in knowing the average cholesterol level of all women between the ages of 21 and 30 who live in College Station. Everyone in a class (75 students) takes a random sample of 50 females in the College Station area between the ages of 21 and 30. Each person calculates the average cholesterol in their sample. Jenna is one of the students in this class and she makes a histogram of the 50 cholesterol levels in her sample. What kind of distribution would be displayed in Jenna’s histogram?