Which of the following statements is true about investments categorized as trading securities?
a. They are valued on the balance sheet at cost.
b. They can consist of debt, but not equity, securities.
c. They are purchased to be held to maturity.
d. Changes in market value are reflected in net income.
D
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The majority of the world's population is included in the following economic category:
A) high-income countries. B) upper-middle-income countries. C) lower-middle-income countries. D) low-income countries. E) lower-upper-income countries.
The amount of interest expense reported on the income statement will be more than the interest paid to bondholders if the bonds were originally sold at a discount
Indicate whether the statement is true or false
A divorce necessarily revokes an entire will.
Answer the following statement true (T) or false (F)
All of the following are good reasons to study marketing EXCEPT:
A. Marketing creates consumer needs. B. Marketing plays an important role in society, coordinating the huge numbers of transactions needed to provide goods and services. C. Marketing is a key function in business. D. Marketing offers outstanding career opportunities. E. Marketing affects your day-to-day life as a consumer.