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1. These are economic resources (things of value) owned by a firm and can be tangible such as buildings, land and vehicles and intangible such

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1. These are economic resources (things of value) owned by a firm and can be tangible such as buildings, land and vehicles and intangible such as patents, trademarks, copyrights and goodwill. These are called? Actually, all of the given choices are correct a Retained Earnings b. Owners Equity d. Assets 2. Although bonds are considered relatively safe investments, some investors look for higher returns through riskier high-yield bonds, which Moody's and Standard & Poor's rating services define as "those with high risk and high default rates" and which are ironically referred to as Junk Bonds. FALSE b. TRUE a. 3. This is a time deposit savings account that earns interest to be delivered on the instruments maturity date. This banking instrument is called? Banker's Acceptance b. Certificate of Deposit Demand Deposit d. Commercial Paper 4. Some top organizations in this area (Vanguard, Fidelity, and T. Rowe Price.) They are organizations that pools together, and helps to diversify, investors money, by purchasing stocks and bonds and other investments, and then selling shares in those securities to the public, in accordance with its specific and intended purpose. These firms are called? Institutional Investors b. Stock Exchanges Program Traders C. d. Mutual Funds Investment Bankers e

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