?The interest rate on a 10 percent, 10-year zero-coupon bond with a $1,000 face value falls from 8 percent to 7 percent. Which of the following is true of the value of the bond? (Round the answer to two decimal places.)
A. ?The present value of the bond at 8 percent is $508.34.
B. ?The present value of the bond at 7 percent is $463.19.
C. ?The maturity value of the bond at 8 percent is $508.34.
D. ?The maturity value of the bond at 7 percent is $508.34.
E. ?The present value of the bond at 7 percent is $508.34.
Answer: E
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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $5 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity:Issued 30,000 shares of common stock at $7 per share.Issued 20,000 shares of common stock at $8 per share.Reported a net income of $100,000.Paid dividends of $50,000.What is the total stockholders' equity at the end of 2021?
A. $420,000. B. $370,000. C. $250,000. D. $470,000.
The classical approaches to management, as a whole, are criticized because
A. the relationship between an organization and its external environment is ignored. B. there is only "one best way" to manage and organize because circumstances vary. C. most managers are not trained to use these techniques. D. many of the decisions managers face are nonroutine and unpredictable. E. many aspects of a management decision cannot be expressed through mathematical symbols and formulas.
What type of investment vehicle do venture capitalists use? a. bank loan
a. bank loan b. limited partnership c. angel account d. investment bonds
Consideration can be valid regardless of whether the parties intend an exchange
Indicate whether the statement is true or false