Business writing should be economical. In this context economical can best be defined as:.a. presenting ideas clearly and concisely. b. concentrating on the receiver's perspectiveinstead of your own. c. solving problems and conveying information. d. getting your audience to believe and accept your message.

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?