A traveler's check is likely to be more liquid than your personal check

Indicate whether the statement is true or false.


TRUE

Business

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A corporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. The amountreceived for the bonds will be

a. present value of 60 semiannual interest payments of $360,000, plus present value of $9,000,000 to be repaidin 30 years b. present value of 30 annual interest payments of $720,000 c. present value of 30 annual interest payments of $360,000, plus present value of $9,000,000 to be repaid in30years d. present value of $9,000,000 to be repaid in 30 years, less present value of 60 semiannual interest payments of$360,000

Business

For purposes of preparing the statement of cash flows, cash is defined as including both cash and cash equivalents

Indicate whether the statement is true or false

Business

Ruth loves to bake homemade breads. She will use only Pillsbury flour because that's the brand her mother, the best baker Ruth ever knew, always used. Ruth's brand loyalty is a type of ________

A) behavioral targeting B) core competency C) cognitive dissonance D) heuristic E) self-esteem

Business

The announcement of a stock offering by a mature firm that seems to have financing alternatives is taken as a signal that the firm's prospects are very good.?

Answer the following statement true (T) or false (F)

Business