Calculation of the returns earned on a high yield security should include the sale price of bond as well as interest received
Indicate whether the statement is true or false
TRUE
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If cash was incorrectly debited for $100 instead of correctly debiting accounts receivable for $100, assuming no other errors, the trial balance will balance.
Answer the following statement true (T) or false (F)
The ________ is a Paris-based international economic organization whose mission is to help its 30 member countries achieve sustainable economic growth and employment and raise the standard of living in member countries while maintaining financial stability in order to contribute to the development of the world economy.
A. Organization for European Economic Cooperation B. Organizational Council of Europe C. Organization of European States D. Organization for Economic Cooperation and Development
A firm attempting to reduce the size of its workforce may use several approaches. The approach most likely to be saved as a last resort is
A. attrition. B. early retirement. C. firing. D. hiring freeze. E. layoff.
Reasons that firms may find themselves with relatively high costs of capital include:
A) The firms reside in emerging countries with undeveloped capital markets. B) The firms are too small to easily gain access to their own national securities market. C) The firms are family owned and they choose not to access public markets and lose control of the firm. D) all of the above