The liquidity preference theory supports ________ yield curves
A) upward sloping
B) flat
C) humped
D) downward sloping
Answer: A
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Although the accrual basis of accounting is an excellent method for measuring profitability, it does not explain why a company's liquidity has improved or worsened
a. True b. False Indicate whether the statement is true or false
Blanton Company bought equipment on January 1, 2010 with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined at the beginning of 2014 that the useful life should be shortened by 3 years and the residual value changed to zero. What is the accumulated
depreciation at the end of 2013? a. $42,667 b. $32,000 c. $40,000 d. $8,000
The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms
a. do not need to report an excess of the accumulated benefits obligations over assets in a postretirement benefits fund as a liability on the balance sheet. b. do not need to disclose any estimates used in calculating projected benefits. c. postretirement benefits are normally not material for most companies and do not need to be disclosed. d. do not need to set aside funds for future postretirement benefits as they do for pension benefits.
According to former public relations executive Martin Arnold, which of the following techniques would NOT help you avoid the "dead letter response" in a job search?
A) Network to find the name of the person to whom you can address your job pitch. B) Use a "professionals on staff" directory. C) Address correspondence to a group or department rather than to a specific individual. D) Call the reception desk and ask for the name of the director of the department in which you want to work.