Weston steel purchased a new coal furnace six years ago at a cost of $2.2 million. last year, the government changed the emission requirements and this furnace cannot meet those standards. thus, the company can no longer use the furnace, nor has it been able to locate anyone willing to purchase the furnace. given the current situation, the furnace is best described as which type of cost? a. erosionb. bookc. sunkd. markete. opportunity

The average daily foreign exchange trading by banks around the world is closest to $ a. 1.5 trillion b. 1 trillion c. 600 billion d. 700 billion e. 1.3 trillion

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.