If a bond's value rises above its face value during its life, interest rates have
A) increased.
B) decreased.
C) stayed the same.
D) there is no relationship between bond prices and interest rates.
Answer: B
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A company's value-creating activities can offer a competitive advantage in one of these ways.
A. reduce cost disadvantages and market price anomalies. B. contribute customer experience value and conserve operating functionality. C. contribute to competitive assets and discontinue distinctive competencies. D. contribute expense savings and enhance product exclusivity. E. contribute to greater efficiency and lower costs and provide a basis for differentiation.
X signs a negotiable instrument ordering Y to pay Z the sum of $500 . Y is the:
a. maker. b. drawee. c. payee. d. drawer.
Gamma Company and Chi Company are similar and similar-sized companies operating in the same industry. At the end of the most recent year, Gamma's price-earnings ratio was 22.0, and Chi's price-earnings ratio was 14.2. What conclusion would you draw based on the difference in price-earnings ratios for the two companies?
What will be an ideal response?
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter dollar amounts. (Note that "Not Affected" means that the event does not affect that element of the financial statements or the event causes an increase in that element that is offset by a decrease in the same element.)Increase = IDecrease = DNot Affected = NAGarrison Company recognized $4,000 of service revenue earned on account.Assets Liabilities Stk. Equity Revenues Expenses Net Income Stmt of Cash Flows???????
What will be an ideal response?