Low-load mutual funds have front-end loads of no more than _____.
A. 2%
B. 3%
C. 4%
D. 5%
B. 3%
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Northbrook Corporation is preparing a statement of cash flows. The following transactions occurred during the year: 1. Sold machinery for $9,000 cash. 2. Purchased a building for $80,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 4. Converted long-term bonds by issuing $100,000 worth of stock. 5. Declared and paid a $10,000 cash dividend. Transaction 2 would be found on the
statement of cash flows in the A) cash flows from operating activities section. B) cash flows from financing activities section. C) cash flows from investing activities section. D) noncash investing and financing transactions section.
The net present value and internal rate of return methods of decision making in capital budgeting are superior to the payback method in that they
a. consider the time value of money. b. are eaiser to implement. c. reflect the effects of sensitivity analysis. d. require less input.
Participating preferred stock will:
a. share with common stock in excess earnings after preferred payments and specified payments to common stock. b. accumulate dividends that will be paid later. c. participate in earnings only to the extent that all other classes do. d. participate in earnings to the same extent as common stock.
Which of the following is the most popular technique for gathering primary data, in which a researcher interacts with people to obtain facts, opinions, and attitudes?
A. Survey research B. Secondary data research C. Applied research D. Quantitative research