The economic entity assumption states that the economic life of a business can be divided into artificial time periods.

A. True

B. False

As you get older: a You should stop investing your money b You should increase your investment spending c You should begin to move your portfolio to less risky investments d You should move all your investments into large-cap stocks

Who has to approve the budget of the U. S. government? A. the Fed B. the president c. the citizens D. Congress

Supervisors who allow their rating in one area to influence their rating in another area on performanceappraisals are susceptible to the? A. All of the above B. Recency effect C. Halo effect D. Central Tendency

After dividing the market into segments, Holiday Inn has created hotel offerings under the InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Hotel Indigo and Candlewood Suites brands, targeted at price insensitive vacationers, 'road

Nathan works as a materials scientist for a carpet manufacturer. He has developed a material that does not work well in carpeting, but it could have applications in hard flooring or other construction products.

Now consider a strangle using the same call with a strike price of $100 and a different put with a strike price of $95. Both have the same expiration date.

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its costs of equity is 15 percent, and the cost of debt is 8 Percent. The relevant tax rate is 35 percent.

That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement

Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.

Suppose during 2014 that Federal Express reported the following information (in millions) : net sales of $35,497 and net income of $98.