An investor bought a 9% bond at 88 . Compute the current yield. (Round answer to two decimal places.)
10.23%
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Despite the high expenses associated with operating elegant stores and purchasing advertising space in upscale magazines, the premium retail prices that luxury goods like Louis Vuitton command translate into handsome profits
The Louis Vuitton brand alone accounts for 60% of LVMH's operating profit. On the other hand, Louis Vuitton spends $10 million annually battling: A) EU regulations. B) counterfeiters in countries such as Turkey, South Korea, & Italy. C) competitors in European countries. D) suppliers of needed materials. E) export freight and taxes.
Answer the following statements true (T) or false (F)
1. The total change in cash should equal the net income for the period. 2. For the year ended December 31, 2019, the Statement of Cash Flows for Mississippi Family Auto Supply shows the following information: Net Cash Used by Operating Activities, $(74,000); Net Cash Provided by Investing Activities, $49,000; and Net Cash Provided by Financing Activities, $45,000. Cash has increased by $168,000. 3. The third section presented on the statement of cash flows is the non-cash operating activities section. 4. A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. Following lengthy negotiations, the parties agreed that the debtor will issue 200,000 shares of common stock to settle the debt. This transaction will be reported in the investing activities section of the statement of cash flows for Adams Company.
An MBA redesign committee plans to spend a decade traveling the world to benchmark graduate programs at other universities. Regardless of the screening model being used, it will suffer from poor performance in the area of:
A) flexibility. B) Capability. C) Comparability. D) Cost.
Tools that scout the Web on behalf of consumers who specify search criteria are
A) shopping portals. B) shopbots. C) shopping browsers. D) intelligent search engines.