Suppose the 8-year spot rate (r8) is 2.0% and the 10-year spot rate (r10) is 3.0%. Which rate is closest to the forward rate that begins in 8 years and last for 2 years (8f2)

1. 1.0%

2. 2.5%

3. 4.0%

4. 7.0%

5. The forward cannot be determined

Determine the current ratio if current assets total $150,000, non-current assets are $205,000, current liabilities total $60,000, long-term liabilities total $80,000, and shareholder's equity totals $215,000.

Zortek Corp. budgets production of 470 units in January and 210 units in February. Each finished unit requires six pounds of raw material Z, which costs $2 per pound.

If a university decreases the price of tickets to football games to collect more revenue, it is assuming that the demand for tickets is: a. price-inelastic. b. unstable. c. price unit-elastic

A company's Office Supplies account shows a beginning balance of $630 and an ending balance of $460. If office supplies expense for the year is $3,250, what amount of office supplies was purchased during the period?

What is the exclusive control of a product and the means of producing it with no regard for quality or customer needs?

Journalize the entries to record the following selected bond investment transactions for Starks Products: If an amount box does not require an entry, leave it blank. a. Purchased for cash $66,000 of Iceline, Inc.

A permanent decline in the market value of an asset is called

Which of the following should not be considered as an opportunity cost of attending college? (A) money spent on living expenses that are the same wether or not you attend the college (B) lost salaries (C) Business lunches (D) Interest that could

Unger owes a total of $50,000 to eight unsecured creditors and one fully secured creditor. Quincy is one of the unsecured creditors and is owed $6,000.

Given the following information, what are the values of M1 and M2? Small time deposits $650 billion Demand deposits and other checkable deposits $300 billion Savings deposits $750 billion Money market mutual funds $600 billion Traveler's checks $25