The adams corporation, a merchandising firm, has budgeted its activity for november according to the following information: • sales at $645,000, all for cash. • merchandise inventory on october 31 was $220,000. • the cash balance november 1 was $27,400. • selling and administrative expenses are budgeted at $88,200 for november and are paid for in cash. • budgeted depreciation for november is $32,100. • the planned merchandise inventory on november 30 is $256,800. • the cost of goods sold is 75% of the selling price. • all purchases are paid for in cash. • there is no interest expense or income tax expense. the budgeted cash disbursements for november are:

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve