One year ago, you bought a bond for $40,000. Today, you received the $40,000 principal back plus an interest of $2,000. If the inflation rate over the last year was 3 percent, calculate your real return (Round off your answer to the nearest percentage point).
A. 2 percent
B. 3 percent
C. 4 percent
D. 5 percent
Answer: A
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Under the indirect method decrease in accrued liabilities is:
a. is added to the net income to arrive at net cash provided by operating activities. b. is subtracted from the net income to arrive at net cash provided by investing activities. c. is subtracted from the net income to arrive at net cash provided by operating activities. d. is added to the net income to arrive at net cash provided by investing activities.
Analysis of an Executive Summary for a Report Read and analyze the following Executive Summary written to accompany a report on the implementation of a secure intranet. Executive Summary Braden Inc, a small but growing manufacturing business, has
operated in Indianapolis, Indiana for ten years. Darren Russell, President, had considered the implementation of a website for the company. He had concerns about the cost to create and maintain an effective site. Russel established a team to study the possibility of implementing company website at an affordable cost. The team conducted research using primary and secondary research methods. Current literature was examined, and a survey was conducted through a Chamber of Commerce membership list of 50 small business owners of various companies in the metropolitan area that had a company website. The report discussed the following topics related to the initiation of a company website: (1) benefits to be gained, (2) challenges in development and maintenance, (3) projected costs, and (4) guidelines for getting started. Conclusions of the study can be found in the full report. The study concluded that intranets have become extremely popular because of the various benefits they offer. Potential problems of intranets can be addressed with recommended security measures. Braden Inc should proceed with plans to establish a secure intranet. Required: Write a critical analysis of this executive summary and discuss the content as well as the writing style.
An interviewer would likely presume that an applicant is truly interested in the job if the applicant
a. wears conservative and professional clothing. b. shares knowledge about the company, its products, and services. c. follows up the interview with a thank-you message. d. does all of the above.
The UCC permits an oral agreement for the sale of goods to be enforced against a party who admits to the contract in court, even though the statute of frauds requires the agreement in writing
a. True b. False Indicate whether the statement is true or false