The sum of the discount factors applicable to individual cash flows in a series of equal cash flows is called the:
A. total discount factor.
B. internal rate discount factor.
C. annuity discount factor.
D. compound discount factor.
E. single-sum, present-value factor.
Answer: C
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When conducting conjoint analysis, the attributes selected should be salient in influencing consumer preference and choice
Indicate whether the statement is true or false
Under Section 11(a) of the 1933 Act, accountants are:
A. liable only if privity of contract is with the purchaser. B. liable only to purchasers who relied upon the omissions or falsities in the registration statements. C. liable for defective registration statements unless they can prove that they exercised due diligence. D. not liable to any purchaser of securities issued pursuant to a defective registration statement.
A nonvalue-adding activity is defined as a(n)
A) administrative or support activity that adds overhead cost to the product and increases its market value. B) activity that adds cost to a product but does not increase its market value. C) activity that adds no cost to the product but increases its market value. D) wasteful but unavoidable production activity.
Martinez owns machinery that cost $87,000 with accumulated depreciation of $40,000. The company sells the machinery for cash of $42,000. The journal entry to record the sale would include:
A. A debit to Cash of $42,000. B. A debit to Accumulated Depreciation of $47,000. C. A credit to Accumulated Depreciation of $40,000. D. A credit to Gain on Sale of $2,000. E. A credit to Machinery of $47,000.