Consider a cash flow of $100,000 promised in five years by the U.S, Treasury. Because there is no risk of default, its present value equals $100,000.
a. true
b. false
Answer: b. false
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Which of the following is the strongest differentiator for brick-and-mortar stores who want to emphasize their superiority over online retailers?
A) product quality B) the shopping experience C) product range D) pricing E) the retailer's reputation
Which of the following is not a reason sources have to be documented?
A) Documenting sources adds interest for the reader. B) Documenting sources is ethical. C) Documenting sources gives credit to the person who created the original material. D) Documenting sources shows the audience you have sufficient support for the message. E) Documenting sources allows the reader to explore the topic in more detail, if they desire to do so.
Sales discount is classified as a:
a. contra–liability account. b. contra–expense account. c. contra–revenue account. d. contra–asset account.
The value of an investment at the end of the period over which interest is compounded is called the future value of the investment
Indicate whether the statement is true or false