Short-term investments in held-to-maturity debt securities are accounted for using the:
A. Fair value method with fair value adjustment to income.
B. Cost method without amortization.
C. Fair value method with fair value adjustment to equity.
D. Equity method.
E. Cost method with amortization.
Answer: B
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A) earnings per share decreased. B) earnings per share increased. C) current ratio increased. D) debt to equity ratio increased.
If you borrow $5,000 at an annual interest rate of 9.0% for six years, what will your repayment(s) be if this is an interest-only loan?
What will be an ideal response?
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Answer the following statement true (T) or false (F)
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