Investments with a higher risk of default pay higher rates of interest than those that are less risky
Indicate whether the statement is true or false.
Answer: TRUE
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Which sentence uses correct capitalization?
A) Because I switched my major after the Fall 2016 semester, I now will be on the five-year plan. B) Some college students spend their Spring vacations in Florida or Mexico. C) Many ski resorts experienced record snowfalls this past Winter.
The 1990 Nutrition Labeling and Education Act directly prohibits
A. exaggerated claims made by health and fitness providers. B. putting the words "cholesterol-free" on any food package. C. putting nutritional information on most food products. D. exaggerated health claims on food packages. E. the use of any health claim on food packaging.
On January 1, Forrester County is holding investments for Tinsel Town valued at $500,000 in an investment pool, accounted for in an investment trust fund. On January 1, Valley School District invests $1,500,000 in the pool. Earnings on pooled investments for the six months ended June 30 totaling $300,000 were received in cash.1) What percentage interest in the pool is held by the town and the school district?2) (a) Show the entry in the Investment Trust Fund to record the School District's investment in the pool. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)(b) Show the entry in the Investment Trust Fund to summarize the collection of interest for the six-month period. (If no entry is required for a transaction/event,
select "No Journal Entry Required" in the first account field.)(c) Show the entry in the Investment Trust Fund to record the distribution of the interest earned on pooled investments, assuming that the interest will be reinvested by the town and school district. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) What will be an ideal response?
The accumulated earnings tax is assessed at the highest individual marginal tax rate on ordinary income.
Answer the following statement true (T) or false (F)