The income an investor receives in some period divided by the value of the security at the beginning of that period is known as ________ yield.
A. capital-gains
B. expected
C. current
D. realized
Answer: C
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Each sales transaction for a seller that uses a perpetual inventory system involves recognizing both revenue and cost of merchandise sold.
Answer the following statement true (T) or false (F)
A(n) ______ is a payment typically provided to a salesperson for selling an item to a customer and is usually paid as a percentage of the price of the item that is sold.
A. bonus B. merit C. entitlement D. commission
A devise is a gift by will of personal property
Indicate whether the statement is true or false
Which of the following is a limitation of using on-package sampling?
A. It requires extensive product guarantees. B. It is highly expensive. C. It cannot be used by multiproduct firms. D. It will not reach nonusers of the carrier brand. E. It can be used only for food products.