The widely shared expectations of hard times ahead tend to cause investors to become less risk-averse
Indicate whether the statement is true or false
FALSE
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Cost accounting initiates a WIP account upon receiving the first move ticket of a batch
Indicate whether the statement is true or false
The analyst should be careful when analyzing ratios that ________
A) pre-audited statements are used B) right interpretation of the ratio value is made C) financial data being compared need not be uniform D) inflation will not affect while comparing older to newer firms
Metal Fabrication Corporation promises to give stock options to Sigourney for processes she has already designed for the firm. This promise is
A. enforceable because it is a new contract. B. enforceable because it is an illusory promise. C. enforceable because it is supported by past consideration. D. unenforceable.
A U.S. Treasury bill is currently selling at a discount basis of 0.25%. The par value of the bill is $100,000 and will mature in thirty days. What is the price of this Treasury bill?
A) $98,850.25 B) $99,830.00 C) $99,875.00 D) $99,979.17