Pacific Bank pays a 4.50% nominal rate on deposits, with monthly compounding. What effective annual rate (EFF%) does the bank pay?
A. 3.72%
B. 4.13%
C. 4.59%
D. 5.05%
E. 5.56%
Answer: C
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The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period:Cash34,000Accounts Receivable9,400Accounts Payable7,400Service Revenue34,400Land48,000Retained Earnings32,400Operating Expenses22,800Common Stock40,000What is the total of the credit account balances that will be shown on the adjusted trial balance?
A. $79,800 B. $112,200 C. $116,200 D. $114,200
Which of the following is not one of the four dimensions of social responsibility presented in your text?
A. Consumerism B. Philanthropic C. Ethical D. Economic E. Legal
Trusts
A) can have the trustor and grantor as one. B) can be established at death. C) are legal arrangements. D) All of the above.
The Securities Litigation Uniform Standards Act of 1998 requires:
a. securities litigation to be part of the federal criminal code b. the SEC to issue stronger, consistent rules against insider trading c. all state securities laws to come into conformance with federal standards d. internationally traded securities to come under the rules of the London Treaty e. none of the other choices