If bonds were being issued with a stated rate of 8% and the market rate is 9%, the bonds would most likely sell at which of the following?
a. 108
b. 100
c. 95
d. 80
c
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Which of the following concepts is based on a customer-centered philosophy?
A) the product concept B) the marketing concept C) the production concept D) the selling concept E) the distribution concept
If the total cash inflows associated with a project exceed the total cash outflows associated with the project, the project's
a. net present value is greater than zero. b. internal rate of return is greater than zero. c. profitability index is greater than 1. d. payback period is acceptable.
A fair hearing before an administrative agency should include all of the following except
a. an opportunity to be aware of the evidence against you. b. the right to counsel. c. a formal record of the proceedings. d. an automatic right to a new trial if you are the losing party at an administrative hearing.
Which of the following increases owner's equity?
A. Business profits B. Business expenses C. Business losses D. Dividends