If you are far away from retirement, you should consider investing in ________ for your retirement account
A) Ginnie Mae or Treasury bond funds
B) certificates of deposit (CDs)
C) mutual funds with high growth stocks
D) corporate bonds
Answer: C
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Under international accounting standards, cash received from dividends (associated with dividend revenue) can be shown on the statement of cash flows as
a. an operating or a financing activity b. a financing activity only. c. a financing or an investing activity. d. an investing activity only.
Cost behavior refers to the methods used to estimate costs for use in managerial decision making
Indicate whether the statement is true or false
The measure of the quantity of purchase dollars each customer spends on the company's products is referred to as share of
A. customer. B. wallet. C. product. D. equity. E. market.
During its first year of operations, Silverman Company paid $14,000 for direct materials and $19,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $17,000 while general, selling, and administrative expenses totaled $8,000. The company produced 5,000 units and sold 3,000 units at a price of $15.00 a unit.What was Silverman's net income for the first year in operation?
A. $12,000 B. $37,000 C. $7,000 D. $28,000