The MACRS recovery period for automobiles and computers is:

A. Five years.
B. Seven years.
C. 10 years.
D. Three years.
E. None of the choices are correct.


Answer: A

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The interest charged on a $50,000 note payable, at the rate of 6%, on a 60-day note would be

a. $3,000. b. $1,667. c. $750. d. $500.

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U.S. companies and their agents are prohibited from bribing foreign officials by the:

a. Foreign Anti-Corruption Act b. Foreign Anti-Bribery Act c. Foreign Commerce Act d. Foreign Trade Corruption Prevention Act e. none of the other choices are correct

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Which of the following issues do Ryerson and Groh disagree about?

A) whether the risk of investing is worthwhile B) whether savings accounts bear interest C) whether companies issue stocks in order to raise funds D) whether anyone makes money by investing in stocks E) whether investing always carries risk with it

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More Americans are investing in the stock market through online trading. Explain the value of online trading

What will be an ideal response?

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