Company A purchases U.S. Treasury bills for $23,700. This investment will be held to maturity. The bills will mature in 90 days at $24,000. The entry to record the initial investment will include a
A) credit to Short-Term Investments for $23,700.
B) debit to Short-Term Investments for $23,700.
C) debit to Short-Term Investments for $24,000.
D) credit to Interest Receivable for $300.
B
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Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter's Five Forces model. Which of the following represents a substitute product in the soft drink industry?
A. Vitamin water, fruit juice, coffee are all beverage options available to consumers. B. Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. C. Zevia Natural Diet Soda begins selling directly over the Internet. D. Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store.
In order to test for the significance of a regression model involving 3 independent variables and 47 observations, the numerator and denominator degrees of freedom (respectively) for the critical value of F are
A. 47 and 3. B. 3 and 47. C. 2 and 43. D. 3 and 43.
In a real-world environment, changing granularity requirements might dictate changes in primary key selection, and those changes might ultimately require the use of _____ keys
Fill in the blank(s) with correct word
A coupon bond pays annual interest, has a par value of $1,000, matures in 12 years, has a coupon rate of 11%, and has a yield to maturity of 12%. The current yield on this bond is
A. 10.43%. B. 10.58%. C. 10.39%. D. 11.73%. E. None of the options are correct.