The future value of an annuity of $1,000 each quarter for 10 years, deposited at 12 percent compounded quarterly is ________.
A) $17,549
B) $75,401
C) $93,049
D) $11,200
B) $75,401
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The provisions of IFRS require firms to classify marketable securities into which of the following categories except
a. held to maturity investments for which a firm has both the intent and the ability to hold to maturity—shown on the balance sheet at an amount based on acquisition cost, but subject to impairment. b. debt and equity securities held as financial assets at fair value through profit or loss, shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. c. debt and equity securities held as available-for-sale financial assets, shown on the balance sheet at fair value, with unrealized changes in fair value of securities held at the end of the accounting period included in other comprehensive income, and realized changes in fair value included in net income when a firm sells the securities. d. debt and equity securities held as available-for-sale financial assets, shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. e. choices a and b, only.
Which of the following is not a business transaction?
A) make a sales offer B) sell goods for cash C) receive cash for services to be rendered later D) pay for supplies
Context and culture is ______.
A. an antecedent condition in servant leadership B. a leader behavior in servant leadership C. an outcome of transformational leadership D. an outcome of servant leadership
PepsiCo has a new flavor of soft drink that it wants to test to determine reactions of probable buyers. Which of the following test-market characteristics would be least useful to PepsiCo when testing the new soft drink?
A. There are research and audit services available. B. Retailers would be cooperative. C. Testing efforts would not be easily jammed by competitors. D. Tourism is a major industry in the area. E. The city has stable year-round sales of soft drinks.