Interest margin is the spread between interest income and net income for a bank
Indicate whether the statement is true or false
F
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If a shock raises inflation, how fast should the central bank reduce it to its target level?
What will be an ideal response?
A factory's adjusting entry to apply factory overhead to work in process inventory equaled $1,700 . Should a reversing entry be made and, if so, what form should it take?
a. Yes, debit Factory Overhead $1,700, credit Finished Goods Inventory $1,700. b. Yes, debit Work in Process Inventory $1,700, credit Factory Overhead $1,700. c. Yes, debit Factory Overhead $1,700, credit Cost of Goods Sold $1,700. d. Yes, debit Factory Overhead $1,700, credit Work in Process Inventory $1,700. e. Yes, debit Cost of Goods Sold $1,700, credit Factory Overhead $1,700.
Seattle Corporation identifies an investment opportunity that will yield end of year cash flows of $30,000 per year in Years 1 through 2, $35,000 per year in Years 3 through 4, and $40,000 in Year 5. This investment will cost the firm $100,000 today, and the firm's required rate of return is 10 percent. What is the NPV for this investment? (Round off the answer to two decimal places.)
A. $23,653.26 B. $27,104.46 C. $44,226.00 D. $40,235.34 E. $35,768.45
Which of the following is an appealing benefit that entrepreneurs enjoy?
A. The ability to set their own hours B. The guarantee of a fixed income C. Minimal workload D. Minimal risk