The interest rate on the 10 year Treasury Bond has rarely fallen below the rate of inflation

Because the bank guarantees the availability of funds, a commitment fee is normally charged on a simple line of credit agreement

Indicate whether the statement is true or false

How do U.S. companies recognize transaction gains and losses in the financial statements?

A) They are recognized as gains and losses in the income statement. B) They are recognized as gains and losses in owners' equity. C) Gains are recognized in the income statement, but losses are not. D) Losses are recognized in the income statement, but gains are recognized in owners' equity.