Herman Melville never thought of a bond as being a ________ and that he would be a ________ when securing one until he read about it in his personal finance text

A) lien; borrower
B) loan; borrower
C) loan; lender
D) lien; debenture
E) lien; lender


Answer: C

Business

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Cash flows from investing activities, as part of the statement of cash flows, include payments for the acquisition offixed assets

a. True b. False Indicate whether the statement is true or false

Business

According to the Myers–Briggs type indicator (MBTI), which of the following personality characteristics is related to whether individuals are outgoing or shy?

A. introversion/extraversion B. sensing/intuition C. thinking/feeling D. judging/perceiving

Business

Osage Corporation began business operations and experienced the following transactions during Year 1:1) Issued common stock for $25,000 cash2) Issued a $20,000, 6% 4-year note to the bank on February 13) Provided services to customers for $80,000 cash4) Paid $38,000 for operating expenses5) Accrued interest expense on the note6) Paid a $4,000 dividend to shareholdersRequired:Record the above transactions on a horizontal statements model to reflect their effect on Osage's financial statements. In the last column, enter OA, IA, FA for the type of cash flow activity, or NA if there is no activity. 

What will be an ideal response?

Business

Name three applications of present and future value concepts to stocks

What will be an ideal response?

Business