N. Trest bought a $10,000 Treasury bill at a 2.38% discount for 13 weeks (91 days). How much

does N pay for the bond?

A) $10,000 B) $9,940.66 C) $6,640.66 D) $9,770.08


B

Business

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The account ________ is used to represent the amount owed on a promissory note

a. Loan Payable b. Accounts Payable c. Notes Payable d. None of the answers listed

Business

A firm can produce at a lower cost than its competitors by ______.

A. achieving economies of scale B. increasing the cost of raw materials and labor C. using cheap raw materials and inputs D. cutting corners in production

Business

Use the information below to answer the following question(s):Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. Use only one letter for each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not affect that element of the financial statements or that the event causes an increase in that element and is offset by a decrease in that same element.) Sierra Co. issued 10,000 shares of common stock for $45 per share. The stock has a par value of $10.

What will be an ideal response?

Business

Effective differential pricing over time will generally increase the level of product availability for the consumer willing to pay full price, but will decrease total profits for the retailer

Indicate whether the statement is true or false.

Business