On January 1, 2010, Leffler, Inc.sold $200, 000 of its convertible bonds at par.Conversion terms allow each $1, 000 bond to be converted into 40 common shares.On April 1, 2012, the company increases the conversion terms to 55 shares per bond if conversion takes place within 180 days.The conversion of all of the bonds took place on May 1, 2012.Fair market values of the common stock were as follows: January 1, $20; April 1, $30; and May 1, $25.The bond conversion expense would be recorded at

A) $ 60, 000
B) $ 75, 000
C) $ 90, 000
D) $105, 000

Statman, Fisher, and Anginer (2008) found that stocks ranked high in Fortune's Survey of Most Admired Companies tended to have lower average risk-adjusted returns than the least admired firms. This could be attributed to

A) framing
B) mental accounting
C) affect
D) prospect theory

In the short-run, society faces a tradeoff between inflation and unemployment.

An interactive computer-based information system that facilitates the efforts of several people working together in solving complex and unstructured problems is a:

A) collective support system.
B) group decision support system.
C) problem-solving system.
D) communal information system.
E) brainstorming support system.

An example of a well-written objective is:

A) "increase department sales by $250,000."
B) "increase this week's sales."
C) "to achieve a 15 percent increase in our hydro power car sales by December 31."
D) "reduce absenteeism."
E) "open a new sales office in India."

Which of the following are types of warranties regarding instruments?

A) Transfer and acknowledgement
B) Presentment and acknowledgement
C) The implied warranty of merchantability and the implied warranty of title,but not the implied warranty of fitness for a particular purpose
D) Transfer,presentment,the implied warranty of merchantability,the implied warranty of title,and the implied warranty of fitness for a particular purpose
E) Transfer and presentment