List five of the eight technical limitations of mobile computing
What will be an ideal response?
Limitations mentioned in the textbook include insufficient bandwidth, security standards, power consumption, transmission interferences, GPS accuracy, potential health hazards, human-computer interface, and complexity.
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On April 1, 2017 the Reba Company purchased 10%, $800,000 bonds of the Trading Up Company at par plus accrued interest. These bonds were classified as an investment in trading securities. The bonds pay interest on June 30 and December 31 each year. The entry by Reba on April 1, 2017, would include a
A) debit to Investment in Trading Securities of $820,000. B) credit to Cash of $820,000. C) credit to Interest Income of $20,000. D) debit to Interest Expense of $20,000.
In capital rationing, an initial screening of alternative proposals is usually performed by establishing minimum standards. Which of the following evaluation method(s) are often used?
A) Cash payback method and average rate of return method B) Average rate of return method and net present value method C) Net present value method and cash payback method D) Internal rate of return and net present value methods
Trading securities are securities that are purchased by trading securities with other companies rather than by paying cash.
Answer the following statement true (T) or false (F)
You have $3,000 that you may need any day to replace the furnace in your house. Which of the following would be the best place to put the $3,000?
A) A one-year CD earning 4% B) A common stock mutual fund earning 9% C) A savings account earning 2% D) Shares of stock in a high-tech company that could double in 6 months