The process of calculating what dollars received in the future are worth today is called
A) calculating the yield to maturity.
B) discounting the future.
C) compounding the future.
D) compounding the present.
B
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The credit to the merchandise inventory account when making adjustments at the end of the accounting period will be the same amount as was debited at the end of the previous accounting period
a. True b. False Indicate whether the statement is true or false
The cost of napkins put on each person's tray at a fast food restaurant is a variable cost with respect to how many persons are served.
Answer the following statement true (T) or false (F)
Which of the following will be required to perform its function first in a city's zoning development?
A)?The Board of Adjustment B)?The Planning Commission C)?The Building Inspector D)?None of the above
An employee joins a religion that requires members to keep a chicken by their side all morning and then cut-off a chicken's head at noon and suck the blood. The employer tells the employee that he may not do this at work. The employee claims he has the right to do this as a religious belief, so the employer fires him. If sued for discrimination, the court will likely rule that:
a. these religious beliefs are valid and so they must be allowed b. the chicken act may be done, but only in a room set aside for that purpose c. this is an odd "religion," so Title VII does not apply d. the employee should be required to go to a class on the humane treatment of animals e. none of the other choices