A minimum acceptable rate of return for an investment decision is called the:
A. Average rate of return.
B. Hurdle rate of return.
C. Internal rate of return.
D. Payback rate of return.
E. Maximum rate of return.
Answer: B
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Bonds with a face amount $1,000,000, are sold at 98. The entry to record the issuance is:
A) Cash 1,000,000 Premium on Bonds Payable 20,000Bonds Payable 1,020,000 B) Cash 980,000Premium on Bonds Payable 20,000Bonds Payable 1,000,000 C) Cash 980,000Discount on Bonds Payable 20,000Bonds Payable 1,000,000 D) Cash 980,000Bonds Payable 980,000
Subway and Dunkin' Donuts are examples of a ________
A. manufacturing franchise B. processing plant franchise C. chain-style business D. distributorship
In high power distance cultures, there is a wider gap between the powerful and the powerless.
a. true b. false
Title insurance protects you from
A) claims on your home to enforce payment on your personal debts. B) loss of title due to fire or water damage. C) previous claims on the title. D) recall on the home mortgage.