If the underlying activity Congress attempts to regulate is not economic in nature, authority for such regulation is not part of the Commerce Clause
Indicate whether the statement is true or false
True
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The equity-premium puzzle refers to the surprising result that
A. stock prices are inversely related to interest rates. B. the transactions costs for buying stocks may be as high as 5 percent of the total value of those stocks, greatly reducing the net returns to stocks. C. equity prices are much too high when compared with the fundamental value of the stock market, as determined by using the present-value formula. D. people will not pay to avoid risk in everyday situations, but when it comes to the stock market, people are willing to give up large potential returns to stocks in order to buy safer Treasury securities.
Which of the following is FALSE concerning effective team presentations?
a. During a team presentation, everyone on the team should take part. b. Teams members should plan seamless transitions between segments and presenters. c. Only one individual should be designated to answer questions from the audience. d. Team members must agree on the purpose and schedule.
On January 1, a company issues bonds dated January 1 with a par value of $480,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $461,461. The journal entry to record the first interest payment using straight-line amortization is:
A. Debit Interest Expense $23,453.90; credit Discount on Bonds Payable $1853.90; credit Cash $21,600.00. B. Debit Interest Expense $23,453.90; credit Premium on Bonds Payable $1853.90; credit Cash $21,600.00. C. Debit Interest Expense $21,600.00; credit Cash $21,600.00. D. Debit Interest Expense $19,746.10; debit Discount on Bonds Payable $1853.90; credit Cash $21,600.00. E. Debit Interest Payable $21,600.00; credit Cash $21,600.00.
Using the FIFO method of inventory valuation will always produce the same results whether a company uses perpetual or periodic inventory costing methods
Indicate whether the statement is true or false