Which of the following could be a component of other comprehensive income (loss)?

A) realized gains or losses from sale of investments in available-for-sale securities
B) translation adjustments from converting the financial statements of a company's foreign operations into U.S. dollars
C) gains (losses) on extraordinary items
D) warranty liability adjustments


B

Business

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Which of the following is the most accurate description of a direct competitor for a firm?

A) a firm that sells complementary goods or services B) a firm that offers identical goods or services to another market C) a firm that sells similar, but not identical, goods or services D) a firm that offers identical goods or services to the same market

Business

Assume the following returns and yields: U.S. T-bill = 8%, 5-year U.S. T-note = 7%, IBM common stock = 15%, IBM AAA Corporate Bond = 12% and 10-year U.S. T-bond = 6%. Based on this information, the shape of the yield curve is ________

A) upward sloping B) downward sloping C) flat D) normal

Business

What financial principle do they need to understand better?

A) The time value of money B) Taxes affect personal finance decisions. C) Risk and return go hand in hand. D) All of the above are important to their situation.

Business

_____ consist of large samples of households that have agreed to provide detailed data for an extended period of time.

A. Netnographers B. Mystery shoppers C. Focus groups D. Ethnographers E. Consumer panels

Business