Announcing the FOMC's policy decision immediately after the FOMC meeting is an example of how Fed policymaking has become more transparent

In accounting for credit losses:

Select one: A. The allowance method matches losses with related sales better than the direct write-off method B. The direct write-off method involves estimating credit losses C. The direct write-off method consistently understates assets on the balance sheet D. Both B and C

You have complete information about a company's balance sheet liabilities: Owners' equity $150 million and Debt $50 million. On the other hand. all you know about its assets is $20 million cash. What is the company's leverage ratio?

a) 0.333 b) 1.333 c) 0.133 d) 1.200 e) 1.467