Question 791

Which statement is false?
  • Question 792

    A trial generates only two results, "success" and "failure." The probability of success is higher than that of failure. The variance of the number of failures in 20 trials equals 2.35. The probability of success on a given trial equals ________.
  • Question 793

    On May 1, 1997 Bluefish Co. bought 100 bonds (face value $1,000 and stated interest 10%) of
    Hawkeye Inc., interest payable semiannually on July 1, and January 1. The bond price was 920 excluding accrued interest. Due to short-term nature of the investment Bluefish put this in marketable debt securities section of its current assets. At the end of 1997 the interest revenue from this investment on income statement should be:
  • Question 794

    Under IFRS, an asset revaluation:
  • Question 795

    You have a nest egg of $750. In order for your money to grow to $1,343.10, it must be invested at 6% for how many years?