Treasury Bills Are Issued in Minimum Units of $10,000 with Maturities

question 36

True/False

Treasury bills are issued in minimum units of $10,000 with maturities that range from 10 to 30 years.
T-bills are issued in a minimum unit of $100 with additional increments of $100 above the minimum. Maturities are 4, 13, 26, and 52 weeks.

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Definitions:

Indirect Method

A method of presenting the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to arrive at cash flow from operating activities.

Net Income

The net earnings of a company once all costs and taxes are subtracted from the total income.

Indirect Method

An approach used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.

Net Cash Flow

The amount of cash generated or lost over a specific time period, accounting for cash inflows and outflows from operating, investing, and financing activities.