Answer the following statement(s) true (T) or false (F)
1. One of the advantages of leasing an automobile is that monthly lease payments are usually less than monthly financing payments.
2. Leasing is always a better way to finance a car than purchasing the car.
3. A new car depreciates in value about 50 percent during the first two years of operation.
4. Buying stock on the New York Stock Exchange is a speculative risk.
5. Only speculative risks can be insured.
1. TRUE
2. FALSE
3. TRUE
4. TRUE
5. FALSE
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It is not a good idea to send a thank-you letter immediately after an interview since you have already thanked the interviewer before you left the interview
Indicate whether the statement is true or false
A Z value of 0.72 corresponds to ______.
a. a probability of 0.7642 b. a probability of -0.7642 c. an expected value of 0.7642 d. an expected value of -0.7642
Generation X refers to those born
A. from 1965 to 1977. B. from 1945 to 1964. C. from 1978 to 1994. D. since 1994. E. before 1945.
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 credit to Accumulated Depreciation of $40,000. C. A credit to Gain on Sale of $2,000. D. A debit to Accumulated Depreciation of $47,000. E. A credit to Machinery of $47,000.