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Author Question: Fixed assets that provide the basis for a firm's earning and value are often called ________. A) ... (Read 29 times)

debasdf

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on: Jul 10, 2018
Fixed assets that provide the basis for a firm's earning and value are often called ________.
 
  A) tangible assets
  B) noncurrent assets
  C) earning assets
  D) book assets

Question 2

Assume you have a choice between two deposit accounts. Account X has an annual percentage rate of 12.25 percent but with interest compounded monthly. Account Y has an annual percentage rate of 12.20 percent with interest compounded continuously.
 
  Which account provides the highest effective annual return?


meryzewe

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Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

Account X
EAR = 1 + - 1 = 12.96
Account Y
EAR = - 1 = 12.75
Choose X


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