Until recent decades, women in industrialized countries typically entered the labor force as soon as they completed their formal education, leaving within a few years to bear and raise children. What has caused this trend to change?
a. paid family leave legislation in many countries
*b. higher education attainment for women
c. an economic downturn requiring more family members to be wage earners
d. better childcare options so that women can be both a mother and employed
*b. higher education attainment for women
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On January 1 . 2014, $50,000 of 20-year, 6 percent debentures were issued for $56,275.20 . Interest payment dates on the bonds are January 1 and July 1 . The amount of premium to be amortized on July 1 . 2014, when using the straight-line method is
a. $313.76. b. $156.88. c. $776.50. d. $93.11.
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Indicate whether the statement is true or false
In most cases, U.S. GAAP requires firms to allocate the full issue price of Convertible Bonds or Convertible Preferred Stock
a. to the bonds or preferred stock and none of the price to the conversion feature. b. to the bonds or preferred stock and the conversion feature based on fair values. c. to the bonds or preferred stock and the conversion feature based on the present value of future cash flows. d. to the bonds or preferred stock and the conversion feature based on the future value of present cash flows. e. to the price to the conversion feature and none to the bonds or preferred stock.
Which of the following statements is FALSE about formulating the mathematical model for simulation?
a. The model has to exactly match the real system. b. Basic assumptions that characterize the system should be included. c. The analyst should start with a simple model and progressively make it more complex. d. The model should abstract the essential features of the system that is being studied.