For tariff purposes, goods entering the US are classified according to the Federal Customs and Tariff Code
Indicate whether the statement is true or false
false
You might also like to view...
Which of the following pension-related definitions is not correct?
A) Vested benefits are payments that are not contingent on the employee's continuing in the service of the employer. B) Present value is the current worth of an amount or amounts payable or receivable in the future. C) Actuarial assumptions are those made by actuaries concerning future events affecting pension costs. D) Service cost is the amount paid annually to a funding agency under an unfunded pension plan.
A company had total sales of $600,000, net sales of $550,000, and an average accounts receivable of $90,000. Its accounts receivable turnover equals:
A. 6.3 B. 63.0 C. 6.1 D. 54.8 E. 1.1
The payback period may be more appropriate to use for companies experiencing capital rationing
Indicate whether the statement is true or false
The risk-free rate is 5%, the beta of Stock A is 1.2, the beta of Stock B is 0.8, and the expected return on Stock A is 12.2%. What is the expected return on Stock B?
A) 8.4% B) 9.2% C) 9.8% D) 11.0% E) 12.2%