Find the current yield of a bond whose coupon rate is listed as 7.375% and currently selling at a discount of 99.875. (Round to the nearest tenth percent)

What will be an ideal response?


7.4%

Business

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Traditionally, the __________ have been the most popular distribution channels for industrial products

A) retail stores and direct sales B) sales force and industrial distributors C) Internet and retail stores D) personal selling and wholesalers

Business

The business entity that purchases finished goods for resale is a:

a. Manufacturer. b. Merchandiser. c. Service business. d. Wholesaler.

Business

If Chandra believes that good effort will lead to high performance, and that her performance will make an outcome likely, but does not have a positive feeling about the nature of the outcome, then Chandra’s motivation equation looks like ______.

What will be an ideal response?

Business

Adjusting entries always affect the cash account.

Answer the following statement true (T) or false (F)

Business