The bid price of a Treasury bill is _________.
A. the price at which the dealer in Treasury bills is willing to sell the bill
B. the price at which the dealer in Treasury bills is willing to buy the bill
C. greater than the ask price of the Treasury bill expressed in dollar terms
D. the price at which the investor can buy the Treasury bill
B. the price at which the dealer in Treasury bills is willing to buy the bill
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The many forms of digital marketing mean that viral marketing is less effective today than in the past
Indicate whether the statement is true or false
For each of the following, journalize the necessary adjusting entry: (a) A business pays weekly salaries of $22,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the fiscal period, assuming that
the fiscal period ends (1) on Tuesday, (2) on Wednesday. (b) The balance in the prepaid insurance account before adjustment at the end of the year is $18,000 . Journalize the adjusting entry required under each of the following alternatives: (1) the amount of insurance expired during the year is $5,300, (2) the amount of unexpired insurance applicable to a future period is $2,700. (c) On July 1 of the current year, a business pays $54,000 to the city for license taxes for the coming fiscal year. The same business is also required to pay an annual property tax at the end of the year. The estimated amount of the current year's property tax allocated to July is $4,800 . (1) Journalize the two adjusting entries required to bring the accounts affected by the taxes up to date as of July 31 . (2) What is the amount of tax expense for July? (d) The estimated depreciation on equipment for the year is $32,000.
In comparison to other modes of transportation, motor carriers ______.
a. are safer b. provide more flexibility c. are faster for long distances d. are much more expensive
________ refers to the intentional permanent removal of property from the rightful owner's possession and control
A) Appropriation B) False light C) Disparagement D) Conversion