Alex wishes to take out an installment loan to finance the purchase of a lawn mower costing $715. Her loan requires a 2.75% down payment and equal monthly payments of $125.78 for 9 months. What is the amount of the finance charge on this loan?
A) $425.47
B) $417.02
C) $430.64
D) $436.68
D
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Hilex Inc. liquidates its investment in General Electric corporate bonds and reinvests the proceeds in City of Miami municipal bonds. This tax planning strategy may be taking advantage of the:
A. Jurisdiction variable B. Time period variable C. Entity variable D. Character variable
When a company is labor-intensive, the cost driver that is probably least significant would be
a. direct labor hours. b. direct labor dollars. c. machine hours. d. cost of materials used.
Disgust reflects which moral foundation?
A. care/concern B. purity/sanctity C. authority/respect D. fairness/justice
The use of strong contracts with suppliers, labor unions, etc., is an example of what?
a. Risk enhancement b. Risk elimination c. Risk mitigation d. Risk conduction