You buy a T-bill, which has a par value of $10,000 for $9,600 and the T-bill has a one-year maturity. What will be your return?
A) 2.5%
B) 4.2%
C) 4.8%
D) 6.0%
Answer: B
Explanation: B) ($10,000 - $9,600)/$9,600 = 4.1%
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Many organizations utilize responsibility accounting
a. to assist in building performance measures for the organization. b. to assist in performance management and evaluation. c. solely to evaluate how well employees are handling their responsibilities. d. as an alternative to generally accepted accounting principles.
Use this inventory information for the month of May to answer the following questions. May 1 Beginning inventory 40 units @ $76 7 Purchase 140 units @ $80 18 Sale 50 units 22 Purchase 20 units @ $88 29 Sale 80 units Assuming that a perpetual inventory system is used, what is ending inventory on a LIFO basis?
A) More information is needed. B) $10,240 C) $5,440 D) $5,760
A company that is making an effort to improve customer relationships should look at customer interactions as ________
A) separate transactions B) isolated exchanges C) ongoing conversations D) one-size-fits-all situations E) patternless encounters
Debentures always have specific assets of the issuing company pledged as collateral.
Answer the following statement true (T) or false (F)