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On November 1, Vacation Destinations borrows $1.47 million and issues a six-month, 7% note payable. Interest is payable at maturity.

How does a diversified investment portfolio reduce investors' risk of losing money? A. by increasing dividends B. by increasing the rate of return C. by increasing the liquidity of investments D. by spreading investment capital over many investments

A promise by Derkin Restaurants to buy all of the produce it needs this next year at an established price from Elfredo's Produce would be an: a) unenforceable promise based on past consideration. b) enforceable output contract.

Diaz Company owns a milling machine that cost $125,300 and has accumulated depreciation of $90,600. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations.

Your team must still go through normal approval processes, indicating that it does not have, which will likely impede its ability to reach the stretch goal.

ABC Co. uses a perpetual inventory system and uses the FIFO cost flow assumption. During the month, it had two sales. Calculate the dollar value of its cost of goods sold for the first sale made on Jan. 10.

Which one of the following an example of direct foreign investment? A. a U. S bank granting a loan to a Guatemalan firm. B. A U. S government foreign aid grant to Bangladesh. C. The purchase of debt issued by the Panamanian government. D.

Assume there are currently five firms producing and selling fertilizer in the South American market. Also assume that the product is differentiated and barriers to entry are high in the industry, making this market an oligopoly.

An increase in the supply of money in an economy could be caused by (choose all that apply) : a. an increase in the discount rate. b. a decrease in the discount rate. c. an increase in the required reserve ratio. d.

Assume cash = $500, notes payable in six months = $600, accounts receivable = $900, inventory = $1,500, and accounts payable = $1,100. What is the quick ratio?