Beginning in february 1928 and lasting through most of 1929, the american stock market
a) saw the number of shares traded daily soar.
b) saw the average price of stocks rise slightly.
c) saw brokerage firms restrict credit to those buying stocks.
d) slowly declined in value.
e) rapidly lost value.

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What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800