One of the characteristics of a tax is that the tax should be fair; what is this characteristic called?

Efficiency

Certainty

Simplicity

Equity

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Baker Corporation's accumulated depreciation - equipment account balance was $58,000 as of 12/31/16 and $60,000 as of 12/31/17. Equipment with a cost of $30,000 and accumulated depreciation of $10,000 was sold during the year.

Determine the interest payment for the following three bonds: 5.5 percent coupon corporate bond (paid semi-annually), 6.45 percent coupon Treasury note, and a corporate zero coupon bond maturing in 10 years. (Assume a $1,000 par value.)

Burger buddies restaurant chain is attempting to bring back their fried fish sandwich. It is an old favorite, but in recent times has lost its popularity with customers.

Suppose that Rich and Sheri each own the two largest helicopter tour companies at the Grand Canyon. If each uses a pricing strategy that leads to a prisoner’s dilemma, what would be the result? a) Both Rich and Sheri would earn higher profits.

Which interest-bearing account is best for people who wont need access to their money for several months or longer A) Certificate of Deposit B) Credit Card C) Checking Account D) Savings Account

The amount paid for stock is the most a shareholder can lose in the corporate form of ownership. a. True b. False

Brannon Inc. manufactures ceiling fans and uses activity-based costing. Each fan has 20 separate parts. The direct material cost is $70, and each ceiling fan requires 4 hours of machine time to manufacture.

A broker lists a property for $87,500 at 7% commission on the first $50,000 and 5% on the balance. The property sells for 4% less than asking price. What commission was earned?

A primary market would be utilized when: O investors buy or sell existing securities. O securities are initially issued. O shares of common stock are exchanged O a commission must be paid on the transaction.