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Levels Tought:
University
| Teaching Since: | Apr 2017 |
| Last Sign in: | 438 Weeks Ago, 2 Days Ago |
| Questions Answered: | 9562 |
| Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
1) Which of the following is NOT an example of an agency cost? A) Paying an accounting firm to audit your financial statements B) Paying an insurance company to assure that building codes have been met for new construction C) Paying a landscaping firm to maintain your firm's grounds D) All of the above are agency costs.
2) Which of the statements below is FALSE? A) Officers of a company or others who have a fiduciary responsibility to the owners can trade on their acquired private information about the company prior to the information being made public.
4) A wealthy woman just died and left her pet cats the following estate: $50,000 per year for theÂ
next 15 years with the first cash flow today. At a discount rate of 3.2%, what is the feline estateÂ
worth in today's dollars?Â
A) $588,352.84Â
B) $607,180.14Â
C) $750,000.00Â
Â
D) $774,000.00Â
Â
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