Michelle buys a bond for $5,000. every year that she holds the bond, she'll receive interest payments of $250. the interest rate on the bond is
a. 2 percent.
b. 5 percent.
c. 40 percent.
d. 20 percent.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?

Because the demand for wheat tends to be inelastic. true or false