Start-up costs include all of the following EXCEPT
A) investment costs in accounts receivable.
B) changes in inventory storage space.
C) training costs of employees.
D) service agreement costs.
A
Business
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Nathan bought a zero coupon bond in 2003 for $485.19. In 2013 he redeemed it for $1,000. His internal rate of return on this investment was
A) 206.1%. B) 20.6%. C) 7.5%. D) 0.00%.
Business
When a purchase is made under the periodic system, the business will:
A) debit Vouchers Payable. B) not enter a voucher in the voucher register. C) debit Purchases. D) All of the above
Business