Municipal bonds are those issued by the U.S. Treasury Department for the benefit of cities and states
Indicate whether the statement is true or false.
Answer: FALSE
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The following items were reported on the balance sheets and income statement for Transformer Inc, a service company: Accrued liabilities, December 31, 2011 $ 92,000 Accrued liabilities, December 31, 2012 55,000 Operating expenses--2012 200,000 What amount would be reported in the operating activities section of Transformer's statement of cash flows for payments for operating expenses under the
direct method? A) $237,000 B) $163,000 C) $200,000 D) $292,000
Which of the following statements regarding "proximity" in the location decision is FALSE?
A) Service organizations find that proximity to market is the most critical primary location factor. B) Manufacturers want to be near customers when their product is bulky, heavy, or fragile. C) Perishability of raw materials is a good reason for manufacturers to locate near the supplier, not the customer. D) Reduction in bulk is a good reason for a manufacturer to locate near the supplier. E) Clustering among fast food chains occurs because they need to be near their labor supply.
Frank is doing some life insurance planning. A financial advisor said, "be sure to consider Social Security when examining sources of funds available for family support if you die."
The financial advisor was referring to which Social Security benefit? A) retirement benefits B) survivor benefits C) disability benefits D) health insurance benefits
Over the last year, a firm's earnings per share increased from $1.20 to $1.40, its dividends per share increased from $0.50 to $0.60, and its share price increased from $21 to $24
The firm maintained a relative P/E of 1.10 over the entire time period. Given this information, it follows that the A) stock experienced an increase in its P/E ratio. B) company had a decrease in its dividend payout ratio. C) current P/E of the overall market is 26.4. D) overall market P/E is declining.