A change in the current yield ________ signals a change in the same direction of the yield to maturity
A) never
B) rarely
C) always
D) often
C
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In selling highly complex products, such as industrial equipment and accounting systems, salespeople make several sales calls to develop a detailed analysis of a prospect's needs. What kind of sales presentation method is most likely required?
A. Stimulus response B. Need-satisfaction C. Memorized D. Problem-solution E. Formula
The common factor among the users of the ______ form is a narrow and highly integrated product mix, such as that of aircraft manufacturers or oil refining companies.
Fill in the blank(s) with the appropriate word(s).
A benefit of using an accelerated depreciation method is that:
A. It is preferred by the tax code. B. It yields a higher income in the early years of the asset's useful life. C. It is the simplest method to calculate. D. It yields larger depreciation expense in the early years of an asset's life. E. The results are identical to straight-line depreciation.
Which of the following transactions does not affect cash during a period?
A) write-off of an uncollectible account. B) collection of an accounts receivable. C) sale of treasury stock. D) exercise of the call option on bonds payable.