If a household purchases small amounts of foreign currency from an automated teller machine (ATM), the bank typically imposes an additional service charge for the transaction.

a. True
b. False


a. True

Business

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Gains and losses on the redemption of bonds are reported as other income or other expense on the incomestatement

a. True b. False Indicate whether the statement is true or false

Business

Securities issued by corporations as a form of ownership in the business, such as common or preferred stock, are called _________________________

Fill in the blank(s) with correct word

Business

Napoli Industries had net income for Year 2 of $300,000. Napoli had an average number of shares outstanding at the end of the year of 500,000 shares. On January 1, Year 2, the market price of Napoli's stock was $12 per share. On December 31, Year 2, the market price was $15 per share. What is the price-earnings ratio for Napoli at the end of Year 2?

A. 20.00 B. 7.20 C. 25.00 D. None of these answer choices is correct

Business

Refer to the following hypothetical transitional matrix of the general HR department in a large manufacturing organization. From which of the following job categories was no employee promoted in 2016?

A. Sales apprentice B. Sales representative C. Production manager D. Production assembler E. Clerical

Business