Suppose Patrick Goldsmith deposited $1000 in an account that earned simple interest at an annual rate of 8% and left it there for 7 years. At the end of the 7 years, Patrick deposited the entire amount from that account into a new account that earned 8% compounded quarterly. He left the money in this account for 3 years. How much did he have after the 10 years

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false