Older electrical transformers may contain ___, which can produce dangerous chemicals in an electrical fire.

a. PCBs (polychlorinated biphenyls)
b. ground fault circuit interrupts
c. cogeneration packets
d. fuses

Ans: a. PCBs (polychlorinated biphenyls)

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When a closely held corporation issues preferred stock for land, the land should be recorded at the

a. total par value of the stock issued. b. total book value of the stock issued. c. total liquidating value of the stock issued. d. fair value of the land.

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What is the effective annual rate of 9.6% compounded semiannually?

a. 9.71% b. 9.83% c. 9.79% d. 9.68% e. 9.92%

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