Why is the block letter format commonly used for business letters

A black market is A. a market in which buying and selling take place at prices that violate government price regulations. B. very similar to a "gray" market except that the goods and services exchanged are imported. C.

Although the use of financial leverage (debt financing) can increase the return to the owners of a business, it also increases the riskiness of their equity investment. A. True B. False

In the month of May, Kachik Manufacturing had the following overhead costs. 1. Property taxes, $19,200 ($9,200 for offices, $10,000 for factory) 2.

Which of the following (all other factors held constant) will cause an increase in a stock's value? A) An increase in the risk-free rate B) A decrease in the stock's beta C) An increase in the market risk premium D) A decrease in the constant growth

Goldfinger Corporation had account balances at the end of the current year as follows: sales revenue, $29,000; cost of goods sold, $12,000; operating expenses, $6,200; and income tax expense, $4,320.

On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,120,000 cash. The original cost of the crane was $5.38 million and its accumulated depreciation equaled $4.39 million on December 31, 2019.

The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Franklin Company uses the following journals: cash receipts (CR), cash payments (CP.

A Company's perpetual preferred stock sells for $102.50 per share, and pays a $9.50 annual dividend. If the company were to issue a new preferred issue, a flotation cost of 4.00% would be paid to the investment bankers.

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

What can be measured by the level of real gdp per person?