An opportunity cost of buying a home is interest paid on the mortgage
Indicate whether the statement is true or false
FALSE
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Greco Co issued ten-year term bonds on January 1, 20x5, with a face value of $1,600,000. The face interest rate is 6 percent and interest is payable semi-annually on June 30 and December 31. The bonds were issued for $1,381,920 to yield an effective annual rate of 8 percent. The effective interest method of amortization is to be used. The carrying value of the bonds payable on the December 31,
20x5, balance sheet date should be A) $1,392,824. B) $1,396,472. C) $1,396,764. D) $1,381,920.
Which of the following statements associated with traditional overhead allocation is true?
A) A traditional overhead allocation method is the most accurate in automated environments with diverse products. B) A traditional overhead allocation method can also be referred to as activity-based costing. C) A traditional overhead allocation method provides the most accurate product cost information. D) A traditional overhead allocation method usually uses one or two volume-based cost drivers.
*Virtual team members have great flexibility because they are able to work anywhere, including their own homes *Organizations value the virtual team model because it saves on travel costs by eliminating in-person meetings and allows for greater sharing of information between employees from different countries *The disadvantages to working in a virtual team include differences between countries, which can cause confusion. *Lack of face-to-face contact can result in miscommunication *Cultural differences can also be the reason for misunderstandings
What will be an ideal response?
Your $2 million portfolio consists of 25% Evans stock with = 0.16, ? = 0.22 and 75% Indy stock with = 0.09, ? = 0.12. The correlation coefficient is 0.13. What is the value at risk over 1 day at a 99% confidence level? Assume 252 days per year
A) $21,792 B) $31,792 C) $41,792 D) $51,792