Financial decisions are decisions made by management about a company's finances. These decisions might pertain to asset purchase, finance and fund raising, day-to-day capital and spending management, and so on. Financial decisions therefore affect both the assets and liabilities of a company.
Answer:
A. Worthless investments or assets sold to unsuspecting investors.
Explanation:
Investment scams
It involves a person getting his money put for a questionable investment , or any fake or fraud investment scheme , and in most of the case , the person lose some amount or all his amount of money .
Some common scams are as follows -
Answer:
c.$7,424 gain
Explanation:
Book value of bonds payable:
Par value of bonds payable $928,000
Less: Discount on bonds payable $11,136
Book value of bondds payable $916864
Redemption value of bonds ($928,000*98%) $909440
Gain on Redemption of bonds $7424
Therefore, The amount of gain or loss on redemption is $7424.
Answer:
A) The policy would provide a maximum of $100,000 for each person who was injured, and no more than $300,000 for total injuries of all parties in the accident.
Explanation:
The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:
$100,000 - bodily injury liability insurance per person
$300,000 - Total bodily injury liability insurance per accident
$50,000 - Property damage liability per accident.