Total net operating capital is equal to net fixed assets.
Answer the following statement true (T) or false (F)
False
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An index fund is
A. a mutual fund that mimics a stock index. B. an investment company that pools the funds of many investors and buys government bonds. C. a mutual fund that buys mortgage-backed securities (MBSs). D. a company that rates companies in terms of their financial strength.
Market research shows potential customers will buy a particular product at a selling price of $2,590. If the desired profit is 40 percent of target cost, the company should make the product if the cost does not exceed
A) $1,036. B) $1,554. C) $1,850. D) $1,992.
Explain these commonly used shipping terms: F.O.B., F.A.S., C.I.F., and C.&F.
What will be an ideal response?
Your current investment will mature in 2 years for $30,000, at which time you will reinvest the funds for 10 more years at 7% per year. What will be the value of your investment at the end of the 12th year?
A) $59,014.54 B) $55,153.78 C) $61,985.74 D) $67,565.75 E) $52,734.41