State the hypotheses.


H0: ?d ? 0
H1: ?d > 0
where ?d = ?Time2 - ?Time1

Business

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Terminal warehouse agreements

A) give the lender a lien against all inventories while only removing representative items. B) remove control of the inventory from the borrower. C) are particularly useful where large bulky items are used as collateral. D) are less costly than field warehouse agreements.

Business

A bid is the price in one currency at which a dealer will buy another currency. An ask is the price at which a dealer will sell the other currency

Dealers bid (buy) at one price and ask (sell) at a slightly higher price, making their profit from the spread between the prices. List and explain three reasons/factors that could make the spread small. What will be an ideal response?

Business

Paccu Corporation acquired 100 percent of Sallee Company's common stock on January 1, 20X7. Balance sheet data for the two companies immediately following the acquisition follow: PaccuSalleeCash$50,000  $30,000  Accounts Receivable 60,000   35,000  Inventory 130,000   45,000  Land 75,000   60,000  Buildings and Equipment 310,000   170,000  Less: Accumulated Depreciation (130,000)  (30,000) Investment in Sallee Company Stock 250,000      Total Assets$745,000  $310,000  Accounts Payable$40,000  $35,000  Taxes Payable 30,000   12,000  Bonds Payable 250,000   50,000  Common Stock 75,000   75,000  Retained Earnings 350,000   138,000  Total Liabilities and Stockholders' Equity$745,000  $310,000  At the date of the

business combination, the book values of Sallee's assets and liabilities approximated fair value except for inventory, which had a fair value of $55,000, and land, which had a fair value of $65,000. The fair value of land for Paccu Corporation was estimated at $90,000 immediately prior to the acquisition.Based on the preceding information, what amount of retained earnings will be reported in the consolidated balance sheet prepared immediately after the business combination? A. $488,000 B. $212,000 C. $350,000 D. $200,000

Business

A project is an unplanned undertaking of a series of related activities to reach an objective that has a beginning and an end

Indicate whether the statement is true or false

Business