When there are no intervening cash flows between the time a deposit is made and the maturity of the deposit, the interest rates are said to be ________
A) discount rate
B) compound interest rate
C) covered interest rate
D) spot interest rates
Answer: D
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Blenham, Inc sells merchandise on credit. If a customer pays its balance due within the discount period, what is the effect of the payment on Blenham's accounting equation?
a. Assets and stockholders' equity decrease. b. Assets and stockholders' equity increase. c. Assets decrease and liabilities increase. d. Stockholders' equity decreases and liabilities increase.
Consider each situation for Kathy, Inc. below independently. ? · Kathy, Inc. issued 10,000 shares of its $25 par common stock (current fair value of common is $35 per share) for a large tract of land. The land was appraised at $400,000. Kathy already had 500,000 shares of common stock outstanding. · Kathy, Inc. issued 2,000 shares of $10 par Class A common stock at $12 and 100 shares of no-par Class B common stock at $20. Required: a.At what amount should land be recorded?b.What is the total amount that should be recorded for additional paid-in capital from the second situation?
What will be an ideal response?
A good process-focused layout should seek to?
a. Maximize product lead times b. Maximize WIP inventory c. Minimize time in system d. Minimize total distance traveled
Some people just can't ________ change
a. accept b. except c. expect