Which of the following is the best definition of a role?

A) Ownership of database objects
B) Step by step instructions for accomplishing a task
C) A set of related permissions
D) A set of rules for doing things

B

Business

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Which of the following is true of retained earnings?

A) Retained earnings decrease with payment of dividends. B) Retained earnings increase with purchase of assets. C) Retained earnings decrease with collection of revenue. D) Retained earnings increase with payment on account.

Business

The spot price of an investment asset is $30 and the risk-free rate for all maturities is 10% with continuous compounding. The asset provides an income of $2 at the end of the first year and at the end of the second year

What is the three-year forward price? A. $19.67 B. $35.84 C. $45.15 D. $40.50

Business