Historically speaking, the standard deviation of returns on U.S. Treasury Bills is zero
Indicate whether the statement is true or false.
Answer: FALSE
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Floors, Inc offers terms of 2/10, n/30 to credit customers. Tile Magic Corp purchased 100 tile cutters with a list price of $20 each on August 5, 2016, on account. Tile Magic Corp paid the invoice on August 31, 2016 . How much sales discount will Floors recognize?
a. $ 40 b. $ -0- c. $ 200 d. $ 236
Generally accepted accounting principles do not allow the cost flow pattern for merchandise inventory to differ from the physical flow of merchandise within the business.
Answer the following statement true (T) or false (F)
In the pleading known as the , the defendant will admit, deny, or say that it does not know the truth, with respect to each assertion of the plaintiff
a. rebuttal b. counterpoint c. response d. recall e. none of the other choices are correct
Which of the following is a primary market transaction?
a. You invest $10,000 in a mutual fund, which then uses the money to buy $10,000 of Johnson & Johnson shares on the NYSE.
b. You buy 200 shares of Johnson & Johnson stock from your younger brother. You just give him cash and he gives you the stock ¾ the trade is not made through a broker.
c. One financial institution buys 200,000 shares of Johnson & Johnson stock from another institution. An investment banker arranges the transaction.
d. Johnson & Johnson issues 2,000,000 shares of new stock and sells them to the public through an investment banker.
e. You sell 200 shares of Johnson & Johnson stock on the NYSE through your broker.