The geometric return on an asset over the past 12 years has been 14.50 percent. The arithmetic return over the same period was 14.96 percent. What is the best estimate of the average return on this asset over the next 5 years?

Ted Thomason found a good deal when he purchased a bedding set. He paid the store's clerk two $20 bills and a $5 bill. The clerk gave him $2.65 in change. If the sales tax is 7.2%, what was the selling price of the bedding set before taxe

To measure the change in the cost of living we most often measure the percentage change in nominal gdp. a. True b. False

A market order has: a. Price uncertainty but not execution uncertainty. b. Both price uncertainty and execution uncertainty. c. Execution uncertainty but not price uncertainty.

Why are creditors harmed by unexpected inflation? a. Creditors receive lower nominal rates of interest when prices rise. b. Creditors are paid back with more valuable dollars. c. Creditors receive higher nominal rates of interest when prices rise. d.

Which of the following companies would be best served by a plantwide overhead rate? Multiple Choice A company that manufactures few products and whose operations are labor intensive.

Claire provide $100 of services to customers on account with terms 2/10, n/30. The Service Revenue account is credited for $100.

Which of these describes a composite stock index? Industrial, whole-market, combination, simple

On July 10, 2020, Carla Music sold CDs to retailers on account and recorded sales revenue of $686,000 (cost $528,220). Carla grants the right to return CDs that do not sell in 3 months following delivery.

In order for your colleagues to act immediately on your business message, the message needs to be

Only very large businesses can become corporations. A. true B. false