Crowdfunding is exempt from registration requirements, subject to a $1 million cap
Indicate whether the statement is true or false
True
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If the ratio of currency to transaction accounts is 2, the ratio of nontransaction accounts to transaction accounts is 5, the ratio of retail money-market funds to transaction accounts is 1, the ratio of required reserves to transaction accounts is 0.08, and the ratio of excess reserves to transaction accounts is 0.02, the M2 multiplier is about
A. 1.43. B. 2.12. C. 2.83. D. 4.25.
A ________ translates numbers into graphical displays so that findings can be comprehended visually
A) figure B) column C) table D) row E) cell
The liability of a stockholder is usually limited to the stockholder's investment in the corporation
Indicate whether the statement is true or false
Bonds Payable has a balance of $1,000,000, and Discount on Bonds Payable has a balance of $30,000 . If the issuing corporation redeems the bonds at $990,000, what is the amount of gain or loss on redemption?
a. $20,000 gain b. $20,000 loss c. $5,000 loss d. $5,000 gain