Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.

If the velocity of money is 2, the money supply is:

a) $20 trillion. b) $10 trillion. c) $5 trillion. d) $40 trillion.

The following data (in millions) are taken from the financial statements of Target Corporation: Recent Year Prior Year Revenue $72,618 $71,279 Operating expenses 68,083 66,109 Operating income $ 4,535 $ 5,170 a.

Which of the following is not an example of a cost and its related cost driver? Cost Cost Driver A. Rent Square feet B. Transportation Miles driven C. Direct labor hours Indirect labor D. Utilities Machine hours

Nate is a partner in a partnership that received $5,000 of interest income this year. Nate's share of the interest is $1,000, and he should report this income on his individual return as:

Which answer option is not a job function associated with a corporate finance department? 1. Valuing the profitability of multiple projects and choosing one in which to invest. 2.

Those addicted to drugs and alcohol suffer from compulsive drug and alcohol cravings and usage and cannot quit by themselves. A. True B. False

Technical tool that provides users with the ability to study, control, and improve processes of all types is a:

Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 30 percent. What is the company's WACC?

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important