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41) Paul is on his way to a concert, and he wants to deposit his paycheck, get cash, and 41) check the balance of his

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41) Paul is on his way to a concert, and he wants to deposit his paycheck, get cash, and 41) check the balance of his bank accounts. Which type of electronic banking will he most likely use to complete these activities? A) a credit card B) an automated c C) an electronic funds transfer D) an overnight deposit box E) an automated teller machine 42) 42) Kelly is interested in investing her money in a mutual fund that invests in short-term debt securities issued by govenments and large corporations. She also wants to be able to write checks and reinvest interest income from her investments. Which of the following types of institutions would Kelly most likely choose for her investments? A) a money market bank account B) a money market fund C) a brokerage firm D) an insurance company E) a pension fund 43) If the offering price of a stock is $2 and its capital in excess of par is $3, the par value 43) of the stock is A)$10.00, B)$2.00, C) $7.00 D) $5.00. E) $3.50. 44) Cash, investments, accounts receivable, and inventory are A) retained earnings. B) current liabilities. C) current assets. D) long-term assets E) long-term liabilities. 45) The single most important component of an annual report is the 45 A) income statement. B) signature of a certified public accountant C) balance sheet. D) cash flow statement. E) signature of the firm's owners or stakeholders

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