Under the judgmental approach for developing a pro forma balance sheet, the "plug" figure required to bring the statement into balance may be called the ________

A) cash balance
B) retained earnings
C) external financing required
D) accounts receivable

C

Business

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What is the current yield of a bond with a 7% coupon, 3 years until maturity, and a price of $690?

a. 16.84% b. 10.14% c. 14.00% d. 7.00%

Business

If a minor wishes to be bound to a contract after becoming an adult, she must:

A) Disaffirm the contract. B) Ratify the contract. C) Give back the goods or services received as a minor. D) Bring an action to verify the contract.

Business