A ________ is a type of loan that has the same cash flow payment every year throughout the life of the loan
A) discount loan
B) simple loan
C) fixed-payment loan
D) interest-free loan
C
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The communication stage of accounting is accomplished by
a. storing data. b. reporting to decision makers. c. processing data. d. recording data.
Regarding the statement of stockholders' equity, which of the following statements is incorrect?
A) The statement of stockholders' equity has more information than the statement of retained earnings because it reports the changes in all stockholders' equity accounts. B) The statement of stockholders' equity does not show the changes to the Retained Earnings account because that information is provided in the statement of retained earnings. C) The statement of stockholders' equity is an option for reporting the changes in stockholders' equity of a corporation. D) The statement of stockholders' equity reports the number of shares and any changes during the year in preferred, common, and treasury stock.
Which of the following variables is included in the set of non-negativity constraints of a goal programming model?
a. Functional variables b. Deviational variables c. Both a and b d. Neither a nor b
The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is 10 percent. If you require a rate of return of 20 percent, what is the highest price you should be willing to pay for this stock?
A. $38.00 B. $40.00 C. $45.00 D. $44.00 E. $50.00