Assume that your grandmother left you an account with $96,462.93 in it. She originally deposited $10,000 at 12% interest. How long did it take for the account to grow this big?
A) 2 years
B) 5 years
C) 10 years
D) 50 years
E) 20 years
E) 20 years
You might also like to view...
______ leadership is a term that is often reserved for leaders who are perceived to be extraordinary as people, as well as in the manner in which they lead.
a. Transactional b. Charismatic c. Transformational d. Intellectual
Consider the balance sheet of Wilkes Industries as shown below. Because Wilkes has $800,000 of retained earnings, the company would be able to pay cash to buy an asset with a cost of $200,000. Cash$ 50,000 Accounts payable$ 100,000 Inventory200,000 Accruals 100,000 Accounts receivable 250,000 Total CL$ 200,000 Total CA$ 500,000 Debt200,000 Net fixed assets$ 900,000 Common stock200,000 _________ Retained earnings 800,000 Total assets$1,400,000 Total L & E$1,400,000
Answer the following statement true (T) or false (F)
That a state may exercise jurisdiction over conduct commenced outside its territory when the effect of the act is completed inside the territory is an application of:
a. the rule of reason. b. the principle of objective territoriality. c. the principle of territorial implementation. d. the territorial theory.
For a noncompensatory employee stock option plan, a formal journal entry or entries would be required for which of the following events? Issuance of StockIssuance of Stock Purchase RightsUnder the PlanI.YesYesII.YesNoIII.NoNoIV.NoYes?
A. I B. II C. III D. IV