Derivatives are financial instruments that derive their value from changes in any of the following underlying securitiesexcept:
a. Stock prices
b. Percentage discount on accounts receivable
c. Interest rates
d. Commodity prices
B
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A company issued 1,000 shares of $10 par value common stock due to a previously declared stock dividend; the market value at both the date of declaration and distribution was $12 per share. Which of the following correctly describes the reporting of this stock issue within the financing activities section of the cash flow statement?
A. A cash outflow of $10,000. B. A cash outflow of $12,000. C. A cash outflow of $2,000. D. There is no cash flow.
Labor productivity multiplied by the number of hours worked gives
A. the hourly wage rate. B. the average product of labor. C. total factor productivity. D. total output.
Knee-level displays have greater visibility and effectiveness than eye-level displays
Indicate whether the statement is true or false
Discuss the arguments for a systematic reduction in regulation by government agencies