Your current investment will mature in 2 years for $30,000, at which time you will reinvest the funds for 10 more years at 7% per year. What will be the value of your investment at the end of the 12th year?
A) $59,014.54
B) $55,153.78
C) $61,985.74
D) $67,565.75
E) $52,734.41
A
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A concertive control work environment is the opposite of which other work environment?
A. unobtrusive control B. servant leader C. laissez-faire D. rules-based
Temp-Tech management learns that last month's production run of heaters at its Newark plant is defective and announces a recall of the specific models produced. To handle the large number of products it expects to receive for replacement of the defective thermostats, Temp-Tech will probably need to add a ____ to its distribution network.
A. distribution center B. private warehouse C. dispatching shipment system D. public warehouse E. materials handling system
Estes, an accountant, contracts to perform services for Frasier. In performing those services, Estes uncovers a suspicious financial transaction. Estes is most likely not liable if he
A. acted negligently in failing to discover the transaction sooner. B. conceals the discovery and otherwise finishes the work. C. investigates and reports the discovery to Frasier. D. obtains restitution from the perpetrator without Frasier's knowledge.
A law firm collected $1,800 in advance for work to be performed in three months. Which of the following general journal entries will the firm make to record this transaction?
A. Debit Cash, $1,800; credit Unearned Legal Fees Revenue, $1,800. B. Debit Accounts Receivable, $1,800; credit Unearned Legal Fees Revenue, $1,800. C. Debit Cash, $1,800; credit Accounts Receivable, $1,800. D. Debit Legal Fees Revenue, $1,800; credit Accounts Receivable, $1,800. E. Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800.