A branch office that has the same bookkeeping system must have separate trust accounts.

The fastest growing category of online advertising is:

A) spot search ads B) media/video ads C) display or banner ads D) classified ads

A project will give a one-time cash flow of $22,000 after one year. If the project risk requires a return of 10%, what is the levered value of the firm with perfect capital markets?

A) $20,000 B) $16,000 C) $24,000 D) more information needed