If property escheats, its title is transferred to a person's nearest blood relative.

Your Uncle Mike is approaching retirement and he asks for your advice for a safe place to invest several thousand dollars. He wa

zmey [24]

Answer:

d. treasury and top-grade corporate bonds pay interest two times each year

Explanation:

Treasury bonds represent the best solution for investing, having in mind the low-risk aspect and the fact that they are issued by the government. Treasury and top-grade corporate bonds always pay semiannual interests.

Junk bonds should not be even considered in risk-free options, as a junk bond is a bond issued by a struggling company, which may happen not to pay any interest sometimes.

Common stock does not necessarily have to pay quarterly dividends, as some companies pay dividends monthly, or even annually. Also, the risk is still lower in treasury bonds, as common stock becomes questionable in the case of company liquidation. If and when that happens, common stockholders gain rights to company assets only after bondholders and preferred shareholders become paid.

The default risk is present in all bonds, including Yankee bonds, which are issued by foreign companies in the USA.

6 0

4 years ago

Flint Suppliers reported cost of goods sold for 2017 of $880,000 and retained earnings of $1,230,000 at December 31, 2017. Flint

Sonbull [250]

Answer:

corrected amounts cost of goods sold = $916500

corrected amounts Retained Earnings = $1159000

Explanation:

given data

cost of goods sold = $880,000

retained earnings = $1,230,000

ending inventories 2016 = $34,500

ending inventories 2017 = $71,000

to find out

corrected amounts cost of goods sold and retained earnings

solution

we get here first corrected amounts for 2017 cost of goods sold will be here as

corrected amounts cost of goods sold = cost of goods sold - ending inventories 2016 + ending inventories 2017 .........1

corrected amounts cost of goods sold = $880,000 - $34,500 + $71,000

corrected amounts cost of goods sold = $916500

and now we get corrected amounts Retained Earnings that will be as

corrected amounts Retained Earnings = retained earnings - ending inventories 2017

corrected amounts Retained Earnings = $1,230,000 - $71,000

corrected amounts Retained Earnings = $1159000

8 0

3 years ago

A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s

Marina CMI [18]

Answer:

A. Matched Samples

Explanation:

Matched samples is a situation whereby participants are paired, sharing every other characteristics except the one under investigation. The idea behind this is to have more control over unwanted variables. In this case, the study is measuring two production methods and in order to control the unwanted variable and leave only the characteristic or variable under investigation which is the production method, the two method is carried out by the same workers each.

6 0

4 years ago

Chance Co., the parent of a US-based MNC, uses fundamental forecasting to estimate future values of exchange rates. Suppose that

Ghella [55]

Answer:

d. An increase in the value of the pound by 0.6 percent

Explanation:

Given :

Regression equation : $e_{bp}=b_0+b_1Inf_t+\mu_t$

Change company estimates that $b_0$ to be 0.0 and the value of $b_1$ to be 0.6.

Now, ebp = 0.6 x inf + μt ----------------- $b_1=0.6$

When Inf = 1 (assume that the error term is 0)

ebp = 0.6 x 1 = 0.6

That is it is an increase in the value of pound by 0.6% with the one unit increase in the $Inf_t$ .

Therefore, option (d) is correct.

6 0

3 years ago

Joni has been a secretary with her firm for nearly 30 years. she always receives excellent performance evaluations and eagerly l

Nezavi [6.7K]

I guess the correct answer is Age Discrimination in Employment Act of 1967.

Joni has been a secretary with her firm for nearly 30 years. She always receives excellent performance evaluations and eagerly learns new technology. Her boss has been urging her to get a facelift or retire, saying he wants a 'young feel' to the office.

The law that protects her from this treatment is Age Discrimination in Employment Act of 1967.

The Age Discrimination in Employment Act of 1967 (ADEA) protects applicants and employees older than 40 year of age from discrimination in hiring, promotion, discharge, compensation, or terms, conditions or privileges of employment.

5 0

3 years ago