When comparing which mutual fund to invest in, which of the following would be important to consider?
A) Load
B) Net asset value
C) Expense ratio
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
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Which of the following word types are most likely to be read and identified by an applicant tracking system?
A) Verbs B) Action verbs C) Proper nouns D) Nouns E) Adjectives
Compute the 2018 cash ratio. (Round your answer to two decimal places.)
The financial statements for Stephens' Electric Company include the following items:
A) 1.25
B) 1.38
C) 1.76
D) 0.67
What of the following is not a true statement regarding the Pension Benefit Guaranty Corporation (PBGC)?
a. The PBGC has a statutory lien against the sponsor for 100 percent of shortfalls in vested benefits. b. The PBGC was created by ERISA as a national insurer of pension plans. c. Vested benefits of participants are partially guaranteed by the PBGC if a plan is terminated. d. The PBGC is empowered to collect premiums from plans to pay for guaranteed termination benefits.
Using the Direct Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the direct method. When using the direct method, where is the issuance of stock for cash shown on the statement of cash flows?
A) Operating activity B) Investing activity C) Financing activity D) Noncash investing and financing activity