The first thing you need to determine in order to reach an investment goal after accumulating the capital is the:
A. rate of return.
B. rate of savings.
C. rate of inflation.
D. rate of consumption.
E. rate of interest.
Answer: A
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IM systems designed for large scale corporate use are called what?
A) Branded messaging sites B) Presence awareness sites C) Community Q&A sites D) Enterprise instant messaging sites E) Content curation sites
Which of the following is NOT an example of a psychological need for buying a product?
A. Desire for gain B. Self-preservation C. Fear D. Need to save money E. Comfort or luxury
Which of the following statements regarding the application of the lower-of-cost-or-market method is true?
A) Generally, historical cost is lower than the market value so the lower-of-cost-or-market rule is applied. B) When the lower-of-cost-or-market method is used, inventories are valued at their selling price. C) The lower-of-cost-or-market method is most commonly applied on a total inventory basis because it is a more conservative approach. D) The lower-of-cost-or-market method is an exception to the historical cost principle.
Patch, Inc plans to distribute $134,000 in dividends. It has outstanding 200,000 shares of 7% $10 par preferred stock (cumulative) and 60,000 shares of $2 par common stock. How much will be distributed per share on preferred and common stock? Preferred stock Common stock
A) $3.35 $1.12 B) $0.70 $2.00 C) $0.67 $ -0- D) $1.68 $1.68