Refer to the table 6.1. If wheat farmers expect a return of 8.0% on their investment in wheat, what is the approximate implied increase in wheat commodity prices over the next 6 months?

A) 3.75%
B) 4.59%
C) 5.26%
D) 6.37%

B

Business

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If Intervale Railway invests $100,000 in 5% bonds at face value that the company intends to hold until the bond maturity date, the interest revenue recognized when each semiannual interest payment is received would be recorded as a

A. credit to Cash, $2,500. B. credit to Interest Revenue, $2,500. C. debit to Held-to-Maturity Debt Investments, $2,500. D. debit to Dividend Revenue, $2,500.

Business

The premiums insurance producers receive from insureds must be kept

A) in the producer's business account B) as part of the issuing insurer's general fund C) separate from any personal funds D) as part of their total book of business"

Business