The first ten amendments to the Constitution are sometimes referred to as the Bill of Rights

Indicate whether the statement is true or false

TRUE

Business

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Buffalo Supply issued a 45-day, 4% note for $1,200 payable to Antelope Manufacturing, in place of an open account. The journal entry would involve a

a. debit to Accounts Payable, Antelope Manufacturing, $1,200. b. credit to Accounts Payable, Antelope Manufacturing, $1,200. c. credit to cash. d. debit to Notes Payable, $1,200.

Business

An investor is contemplating the purchase of common stock at the beginning of this year and to hold the stock for one year

The investor expects the year-end dividend to be $2.00 and expects a year-end price for the stock of $40. If this investor's required rate of return is 10%, then the value of the stock to this investor is A) $36.36. B) $38.18. C) $33.06. D) $34.88.

Business