What are the differences between a simple interest note and a simple discount note? which type of note would have a higher effective rate of interest? why?

An expenditure made in connection with a machine being used by an enterprise should be: a. expensed immediately if it merely extends the useful life but does not improve the quality. b.

Let's say your friend wants to invest all of her saved money into ONE individual stock. Is this a good idea? Why or why not?

Tesco and Harrahs rose to prominence in their industries by exploiting which "crack in product centricity"?

Why would having a lower opportunity cost for producing one item give you a comparative advantage over another?

A company purchases a delivery van by paying $11,500 cash and by signing a $31,500 note payable. Which of the following correctly describes the recording of the delivery van purchase? a. Cash is debited for $8,500. b.

Tim and Sue have obtained a buydown loan on their newly built home. Which of the following statements is not true? a. They will have to make a large down payment. b. Their interest rate will rise after the first few years. c.

What is bond laddering? A. It's where an investor buys only long term bonds. B. It's where an investor buys only short term bonds. C. It's where an investor buys bonds that have maturities that are spread out over a number of maturities. D.

In december 1994 a man in ohio decided to deposit all of the 8 million pennies he'd been saving for nearly 65 years. (his deposit weighed over 48,000 pounds!) with a reserve requirement of 9.

Jent Corp. purchased bonds at a discount of $10,000. Subsequently, Jent sold these bonds at a premium of $14,000. During the period that Jent held this investment, amortization of the discount amounted to $2,000.

The best way to find out if a particular business is a good fit for you is to A. "shadow" an owner for several days to see what's really involved. B. try the business for two years, then sell it if it's not right for you. C.