Mortgage interest is an example of an itemized deduction
Indicate whether the statement is true or false.
TRUE
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Gains and losses on derivatives not designated as hedges of a specific risk, gains and losses on fair value hedges, and the ineffective portion of cash flow hedges affect net income simultaneously with changes in fair value
Indicate whether the statement is true or false
After a firm has identified an appropriate targeting strategy, the next step in the target market selection process is
A. determining the demographic variables of the target market. B. developing market segment profiles. C. determining which segmentation variables to use. D. selecting specific target markets. E. evaluating relevant market segments.
In comparing an ordinary annuity and an annuity due, which of the following is true?
A) The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity. B) The future value of an ordinary annuity is always greater than the future value of an otherwise identical annuity due. C) The future value of an annuity due is always less than the future value of an otherwise identical ordinary annuity, since one less payment is received with an annuity due. D) All things being equal, one would prefer to receive an ordinary annuity compared to an annuity due.
Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet?
A. The company repurchases common stock. B. The company pays a dividend. C. The company issues new common stock. D. The company gives customers more time to pay their bills. E. The company purchases a new piece of equipment.