Which of the following is correct regarding accrual accounting?
A) Adjusting the accounts is a technique used to accomplish accrual accounting.
B) Revenues are recorded when received.
C) Expenses are recorded when earned.
D) Net income is the difference between cash receipts from customers and cash payments for expenses.
A
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Which of the following describes how a local firm could defend its local market against a global company?
A) It should reduce its price and begin competing on price differentiation. B) It should emphasize its home country or ethnic origin. C) It should increase advertising expenditures and continue with the same message as before. D) It should increase its research and development expenditure and enhance its product.
Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1.30 in dividends per share. What is her holding period return?
A) 16.6% B) 18.9% C) 33.2% D) 37.8%
Futures differ from forwards because they are
A) used to hedge portfolios. B) used to hedge individual securities. C) used in both financial and foreign exchange markets. D) standardized contracts.
List and describe three strategies for investing in bonds
What will be an ideal response?