A financial analyst tells you that investing in stocks will allow you to double your money in 7

years. What annual rate of return is the analyst assuming you can earn?

A) 9.87% B) 10.01% C) 8.76% D) 10.41%


D

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Wages paid to those employees who devote their time to converting the materials into finished goods are called

a. indirect materials. b. indirect labor. c. direct materials. d. direct labor.

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The expense recognition (matching) principle is used to determine how much of the cost of goods available for sale is deducted from sales and how much is carried forward as inventory.

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

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A global minimum

a. is also a local maximum. b. need not be a local maximum, but vice versa is true. c. is also a local minimum. d. need not be local minimum, but vice versa is true.

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The key to developing learning organizations is effective leadership

a. True b. False Indicate whether the statement is true or false

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