The entry to increase the balance in petty cash from $50 to $75 would include a credit to Petty Cash of $25.

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


False

Business

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Which of the following is issued to shareholders by a corporation as evidence of the ownership of rights to acquire its unissued or treasury stock?

a. Stock options b. Stock rights c. Stock dividends d. Stock subscriptions e. None of these choices is correct.

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Your closing should buffer the bad news by anticipating specific objections the reader may have and inviting additional communication about your decision

Indicate whether the statement is true or false

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The forward prices on a barrel of crude oil are $112 and $118 in years one and two, respectively. The interest rates on zero coupon government bonds are 3.0% and 3.5% in years one and two, respectively

What is the likely 2-year swap price on a barrel of crude oil? A) $112.00 B) $116.60 C) $118.00 D) $120.50

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Lechno, Inc. issues compensation options with the following terms. Strike = $65,

price = $63.50, ? = 0.22, r = 0.045, div = 0.015. What is the value of the option if it will be repriced at $40? Assume 10 years to expiration. A) $18.64 B) $22.22 C) $24.32 D) $26.84

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