Sales returns and allowances is a contra ____________________ account
Fill in the blank(s) with correct word
revenue
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A change that is made in response to arising problems or opportunities is called
A. reactive change. B. incremental change. C. proactive change. D. radical change. E. process change.
Use reverse assumption analysis to analyze a school
What will be an ideal response?
Which of the following is not listed as a principle of distributive justice?
A. according to merit or performance B. according to individual effort C. an equal share or opportunity D. according to personal commitment
Suppose the real risk-free rate is 3.25%, the average future inflation rate is 4.35%, and a maturity risk premium of 0.07% per year to maturity applies to both corporate and T-bonds, i.e., MRP = 0.07%(t), where t is the number of years to maturity. Suppose also that a liquidity premium of 0.50% and a default risk premium of 2.40% apply to A-rated corporate bonds but not to T-bonds. How much higher would the rate of return be on a 10-year A-rated corporate bond than on a 5-year Treasury bond? Here we assume that the pure expectations theory is NOT valid. Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
A. 3.48 B. 3.90 C. 3.25 D. 3.74 E. 3.84?