You have just put $5,000 into an investment that offers a 10% annual yield, with interest compounded annually. Your total interest earned after two years will be
A)
$550.
B)
$1,000.
C)
$1,050.
D)
$1,100.
C
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If Sam describes Coca-Cola as an all-American, Pepsi-Cola as a young daredevil, and Dr. Pepper as a nonconformist, he would be describing the sodas' ________
A) VALS™ profiles B) target markets C) brand personalities D) NAICS classifications E) trade promotions
Kurtain Corp leased a new building and land from Harlow Leasing Inc for 20 years. At the inception of the lease the building and land have fair market values of $150,000 and $20,000, respectively. The building has an expected economic life of 25 years. Which of the following statements is correct regarding Kurtain's treatment of the lease?
a. Kurtain should treat the lease as a capital lease provided that the land and building are recorded in separate asset accounts and accounted for separately. b. Kurtain should treat the lease as a capital lease only if there is either a bargain purchase option or an automatic transfer of ownership at the termination of the lease. c. Kurtain should treat the lease as a capital lease even though there is no bargain purchase option and no automatic transfer of ownership at the termination of the lease. d. Kurtain should treat the lease as a capital lease only if Harlow treats the transaction as a leveraged lease.
Cost objects include all of the following except:
a. products. b. customers. c. departments. d. projects. e. All of the answers are correct.
Business letters are the preferred channel of communication for delivering messages outside of an organization
Indicate whether the statement is true or false