Which is the correct formula for calculating the interest earned from a bond?
A) Interest = Par Value ÷ (Rate × Time)
B) Interest = Par Value × Rate × Time
C) Interest = Par Value × Rate ÷ Time
D) Interest = Par Value ÷ (Rate ÷ Time)
B
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A partnership liquidation occurs when
a. a new partner is admitted b. a partner dies c. the ownership interest of one partner is sold to a new partner d. the assets are sold, liabilities paid, and business operations terminated
George, Jerry, and Harry are passengers on a flight from Chicago to New York. They injure their legs when their seatbelts do not fasten during take-off
The airline is sued by all three together for injuries caused, and the airline is found to be negligent and is directed by the court to pay damages to the injured parties. Which of the following parties is entitled to recover maximum damages? A) George, a retired professor who gets a pension of $50,000 a year B) Jerry, a football player who earns $2 million a year C) Harry, a chartered accountant who earns $200,000 a year D) George, Jerry, and Harry
Masterview, Inc purchased a new computer system, which included some computer programs. When Masterview developed financial troubles, two competing creditors of Masterview claimed the right to repossess the computer system and the programs. The UCC distinguishes "software" from "goods" and treats them differently for some purposes, which would be important in this situation
a. True b. False Indicate whether the statement is true or false
What's more important: quality, productivity or efficiency? Justify your answer.
What will be an ideal response?