Answers

JT

Answered

J&J Manufacturing just issued a bond with a $1,000 face value and a coupon rate of 7%. If the bond has a life of 30 years, pays annual coupons, and the yield to maturity is 6.8%, what is the total present value of the bond's coupon payments?

A) $138.95
B) $241.15
C) $886.37
D) $921.12
E) $1,025.32

On Jul 21, 2024


C
JT

Answered

Which of the following statements related to the adjusted trial balance is incorrect?

A) It shows the balances of all accounts at the end of the accounting period.
B) It is prepared before adjusting entries have been made.
C) It proves the equality of the total debit balances and the total credit balances in the ledger.
D) Financial statements can be prepared directly from the adjusted trial balance.

On Jul 18, 2024


B
JT

Answered

The total revenue test for elasticity:

A) is equally applicable to both demand and supply.
B) does not apply to demand because price and quantity are inversely related.
C) does not apply to supply because price and total revenue always move together.
D) applies to the short-run supply curve but not to the long-run supply curve.

On Jun 21, 2024


C
JT

Answered

Explain the importance of networking as part of your career search, and describe how to go about finding helpful networks.

On Jun 18, 2024


Networking is the process of making informal connections with a broad sphere of mutually beneficial business contacts. Research suggests that it is currently the most common way that employees find jobs. Helpful networks are available in person and online. You can find them by reading news sites, blogs, and other online sources, by participating in student business organizations, and by visiting trade shows that cater to the industry you're interested in. Volunteering in social, civic, and religious organizations can also help you create a network for yourself.
JT

Answered

The income distribution has become more unequal in the United States over the last 30 years.

On May 22, 2024


True
JT

Answered

In the 1950s the top marginal federal personal income tax rate was

A) 91%.
B) 70%.
C) 50%.
D) 31%.
E) 28%.

On May 19, 2024


A