A classified balance sheet organizes assets and liabilities into important subgroups that provide more information to decision makers.

Answer the following statement true (T) or false (F)


True

Business

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If Carrie, age 14, contracted to buy a fur coat by mail, the coat manufacturer would not have to send it since the contract was void

a. True b. False Indicate whether the statement is true or false

Business

Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

A) 11.7 percent B) 13.2 percent C) 14.1 percent D) 15.9 percent

Business

Which one of the following are the main participants in the global currency markets?

A) commercial banks B) insurance companies C) hedge funds D) private equity funds

Business

The line window.alert("Hello world") will display output in ________

a) a dialog box b) the HTML document c) the Debug window d) the status bar

Business