A. Treasury bills
B. Commercial paper
C. Negotiable certificate of deposit
D. Money market mutual funds
Which of the following strategy belongs to restrictive policy regarding size of investments in current assets?
A. To maintain a high ratio of current assets to sales
B. To maintain a low ratio of current assets to sales
C. To less short-term debt and more long-term debt
D. To more short-term debt and less long-term debt
A. $1,100
B. $3,400
C. $2,200
D. $3,500
A. Nominal rate
B. Premium rate
C. Quoted rate
D. Both a and c
A. equity multiplier
B. graphical multiplier
C. turnover multiplier
D. stock multiplier
Rule of 72 as a short cut method is explained by the formula:
A. 72 divided by the annual interest rate
B. Annual interest rate dividend by 72
C. 72 divided by (annual interest rate multiplied by discount factor)
D. None of these
If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?
A. Rs. 1,000
B. Rs. 1,244
C. Rs. 1,331
D. Rs. 1,464
FV = PV * (1+ i) ^n
= 850 * (1+0.1)^4
= 1244