The open interest at the end of the trading day indicates the volume of contracts traded during the day
Indicate whether the statement is true or false.
Answer: FALSE
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In which of the following situations will the book value of a bond be equal to its maturity value?
A) The effective rate exceeds the stated rate. B) The nominal rate exceeds the yield rate. C) The market rate equals the contract rate. D) The effective rate equals the yield rate.
Ribaudo Corporation has provided the following financial data from its balance sheet and income statement: Year 2Year 1Cash$74,000 $130,000 Accounts receivable, net$255,000 $240,000 Inventory$173,000 $180,000 Total current assets$564,000 $610,000 Total assets$1,350,000 $1,330,000 Accounts payable$170,000 $160,000 Total liabilities$633,000 $620,000 Total stockholders' equity$717,000 $710,000 Sales (all on account)$1,290,000 Cost of goods sold$700,000 The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 95.9 days B. 162.0 days C. 75.3 days D. 9.2 days
Creditors cannot legally request collateral on a previously unsecured loan
Indicate whether the statement is true or false
Which of the following statements about dates that affect purchases of advertising in magazines is true?
A. The in-hand date is the date printed on the magazine cover. B. The cover date is the date the magazine is actually issued. C. The closing date is when the publisher needs all ad materials. D. The cover date and the on-sale date are synonymous. E. The on-sale date typically coincides with the closing date.