An effective persuasive message employs concrete and specific language to create an accurate representation of the product, service, or idea
Indicate whether the statement is true or false
T
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Investment securities held for the purpose of retiring bonds should be classified on a balance sheet as
a. investments. b. current assets. c. deferred bond liability. d. intangible assets.
If the internal rate of return (IRR) of an investment is lower than the hurdle rate, the project should be rejected.
Answer the following statement true (T) or false (F)
Kayla deposits $1,500 into a NOW account that requires a minimum balance of $500 and offers an interest rate of 2.4%. How much interest will she earn in one year in the NOW account?
A) $360 B) $24 C) $12 D) $36
In 2017 Bonnie, a sole proprietor, loaned her employee, John, $10,000 to help him buy a car. In 2019, before he repaid the $10,000, Bonnie told John that she was "tearing up" the $10,000 note in recognition of his strong job performance. How should John treat the amount forgiven?
A. taxable income in year of loan B. excludible gift in year of forgiveness C. taxable income in year of forgiveness D. excludible gift in year of loan