The word "ethnic" primarily applies to people of color
Indicate whether the statement is true or false
False
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What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate?
A) $670.43 B) $842.41 C) $1,169.56 D) $1,348.48 E) $1,522.64
Owners in S corporations or LLCs lack limited liability.?
Answer the following statement true (T) or false (F)
________ increase risk while ________ decrease risk in a portfolio
A) Stocks; bonds B) Bonds; mutual funds C) Bonds; REITs D) Mutual funds; stocks
The first two closing entries to the Income Summary account indicate a debit of $47,000 and a credit of $41,000. The third closing entry would be:
A. debit Income Summary $41,000; credit Expenses $41,000 B. debit Income Summary $6,000; credit Drawing $6,000 C. debit Capital $6,000; credit Income Summary $6,000 D. debit Income Summary $47,000; credit Capital $47,000