Comprehensive income would not include
a. dividends declared.
b. unrealized gains on available-for-sale securities.
c. discontinued operations.
d. extraordinary gains and losses.
Ans: a. dividends declared.
Business
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When a bond's yield to maturity is less than the bond's coupon rate, the bond:
A. had to be recently issued. B. is selling at a premium. C. has reached its maturity date. D. is priced at par. E. is selling at a discount.
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Which of the following cases is the best example of a “natural monopoly”?
A. Kodak Corporation (producers of instant film developing products) B. Progress Energy Power Company (suppliers of electric power in most of North Carolina) C. Alcoholic Beverage Control (ABC stores) in North Carolina D. GPU consolidated mines of South Asia
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