The interest rate carried on agency bonds, such as FNMA and FHLB, is ________ the interest rate on Treasury bonds
A) higher than
B) lower than
C) usually the same as
D) at most half that of
E) none of the above
Answer: A
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A) convenience B) department C) specialty D) wholesaler E) category killer
Compatibility Services acquired an $80,000 machine on January 1, 20X3. The machine is estimated to have a useful life of 8 years, and a residual value of $4,000. For units-of-production depreciation purposes, the machine is expected to produce 400,000 units. If Compatibility Services uses straight-line depreciation, what is the depreciation expense in 20X4?
A) $4,000 B) $ 9,500 C) $80,000 D) $8,000
The imposition of new taxes and import tariffs by a national government is an example of a
political force affecting the market. Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
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