Answer: The correct answer is true.
Explanation: A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principals behalf, making this statement true.
Answer:
C. A debit to land for $240,000.
Explanation:
As it is mentioned that the value of the land has the appraised value of $240,000 also at the same time the common stock value could not be predicted
Therefore the land should be recorded at the current appraisal value i.e $240,000
Thus, the correct option is c. a debit to land for $240,000
The same is to be considered
ose the minicd corporation's common stock has an expected return of 12%. assume the risk-free rate is 4%, the expected market return is 9%, and no unsystematic influence affected mini's return.
You can give numerical ratings to possible career choices to help determine if they are right for you by creating a(n) personal career profile.
Answer:
The statement is false.
Explanation:
Bond prices and interest rates have an inverse relationship, as the interest on a bond rises its price will fall and vice versa.
For example if a bond has a face value of $80 and at maturity it pays $100, it means the interest rate is 20% and a $20 gain on the investment. At the high interest the investment is attractive, price of bonds is ($80) is low.
If however interest falls to 5% for the same bond. It will now have a face value of $95 (price rises) and a gain of $5 (interest falls).
So an inverse relationship exists between a bond's price and the interest rate.
