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Seth's grandmother gave him a $50 savings bond for his birthday. The bond pays $50 at maturity, ...

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Seth's grandmother gave him a $50 savings bond for his birthday. The bond pays $50 at maturity, ...

Question 1.

Net worth and stockholders' equity are both equal to the difference between assets and liabilities.

▸ true

▸ false

Question 2.

Seth's grandmother gave him a $50 savings bond for his birthday. The bond pays $50 at maturity, which is in five years. If the interest rate is 5%, the bond has a present value of $43.19.

▸ true

▸ false

Textbook

InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

Read 106 times

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Nashua

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rsbains Author

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Helps a lot... Now I'm ready for my quiz

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