An inverted yield curve is an upward-sloping yield curve that ...

[ereecah]

An inverted yield curve is an upward-sloping yield curve that indicates generally cheaper short-term borrowing costs than long-term borrowing costs.
 
  Indicate whether the statement is true or false

Question 2

Firm ABC had operating profits of 100,000, taxes of 17,000, interest expense of 34,000, and preferred dividends of 5,000. What was the firm's net profit after taxes?
 
  A) 66,000
  B) 49,000
  C) 44,000
  D) 83,000

[fraziera112]

Answer to Question 1

FALSE

Answer to Question 2

B