The theory suggesting that for any given issuer, long-term interest rates tends to be higher than short-term rates is called ________
A) expectation hypothesis
B) liquidity preference theory
C) market segmentation theory
D) interest parity theory
B
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______ touch demonstrates platonic affection and support.
a. Love/intimate b. Social/polite c. Functional/professional d. Friendship/warmth
Which of the following companies would you expect to report significant amounts of cash provided by financing activities?
a. A yet-to-be-profitable biotechnology company. b. A mature company operating in the oil refinery industry. c. A profitable established company in the retail industry. d. A large multinational pharmaceutical company.
Copy testing is often referred to as a ________
A) hurdle rate B) report card C) balance card D) brand model E) communication objective
Crestfield leases office space for $6000 per month. On January 3, the company incurs $38,000 to improve the leased office space. These improvements are expected to yield benefits for 5 years. Crestfield has 2 years remaining on its lease. What journal entry would be needed to record the expense for the first year related to the improvements?
A. Debit Amortization Expense $19,000; credit Accumulated Amortization $19,000. B. Debit Depletion Expense $38,000; credit Accumulated Depletion $38,000. C. Debit Depletion Expense $19,000; credit Accumulated Depletion $19,000. D. Debit Amortization Expense $7600; credit Accumulated Amortization $7600. E. Debit Depreciation Expense $7600; credit Accumulated Depreciation $7600.