Answer the following statements true (T) or false (F)
1. Internal funds generated by corporations include retained earnings and non-cash expenses such as depreciation.
2. Securities issued by states and municipalities are referred to as statutory bonds and municipal bonds, respectively.
3. Households and the government are mainly considered to be suppliers of funds, while corporations are generally considered users of funds.
4. Financial intermediaries channel funds into the capital markets from the household sector.
5. The highest suppliers of funds to the U.S. credit markets are foreign investors.
1. TRUE
2. FALSE
-Both are referred to collectively as "municipal securities" in general, or in this case, "municipal bonds."
3. FALSE
-As the "flow of funds" in Figure 14-3 illustrates, the flow of funds can occur between these three entities in either direction.
4. TRUE
5. FALSE
-As illustrated in Figure 14-4, the largest supplier is currently from mutual funds and exchange-traded funds.
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a. Operating Activities b. Investing Activities c. Financing Activities d. Profit Activities
Under operating leases, the lessor usually pays executory costs
Indicate whether the statement is true or false
Ftp
a. is the document format used to produce Web pages. b. controls Web browsers that access the Web. c. is used to connect to Usenet groups on the Internet d. is used to transfer text files, programs, spreadsheets, and databases across the Internet. e. is a low-level encryption scheme used to secure transmissions in higher-level () format.
The following production data were taken from the records of the Finishing Department for June: Inventory in process, 6-1, 25% completed 1,500 units Transferred to finished goods during June 5,000 units Equivalent units of production during June 5,200 units Determine the number of equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out
method is used to cost inventories. Assume the completion percentage of 25% applies to both direct materials and conversion costs. A) 575 units B) 200 units C) 1,000 units D) 300 units