Your grandparents bought their collection of one hundred silver dollars at face value in 1952. If they appreciated at a rate of 3% per year, how much were they worth in 2006?
A) $493.41
B) $262.00
C) $479.04
D) $508.21
E) $518.00
A
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Forward contracts are usually quoted for periods greater than 1 year
Indicate whether the statement is true or false
Through a process called ____, cell phone Internet subscriptions can be shared with notebook computers.
A. looping B. linking C. tethering D. roping
Diaz Company had the following comparative balance sheet information at the end of Year 2 and Year 1: Diaz Company Comparative Balance Sheets Year 2 Year 1 Cash $30,000 $28,000 Accounts receivable 48,000 50,000 Inventory 158,000 156,000 Prepaid insurance 10,000 8,000 Property, plant and equipment 70,000 60,000 Accumulated depreciation (14,000) (10,000) Total $302,000 $292,000 Accounts payable $14,000 $18,000 Bonds payable 90,000 120,000 Common stock 140,000 120,000 Retained earnings 58,000 34,000 Total $302,000 $292,000 Diaz reported net income for Year 2 of $40,000. No property, plant, and equipment were disposed of during the year. Diaz uses
the indirect method to prepare the statement of cash flows. Calculate Diaz's cash flow from investing activities for Year 2. What will be an ideal response?
Today, spans of control have
A. decreased as organizations spend more money by including more management positions. B. decreased as mass production complicates manufacturing processes. C. increased as organizations empower employees to make more decisions. D. increased as standards for performance are more subjective and vague.