Cindy provides piano lessons to students in her home four days a week. The money she earns from providing these services would be called ____ on an income statement.
A. expenses
B. cash
C. revenues
D. retained earnings
E. equity
Answer: C
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____________________ paper is a short-term note issued by a major corporation with excellent credit standing.
Fill in the blank(s) with the appropriate word(s).
Use an emotional appeal when the A) product is expensive; long-lasting; or important to health, security, and financial success
B) product is inexpensive, short-lived, or nonessential. C) reader is comparing similar products from other companies. D) reader has a college education.
A number of states have enacted statutes exempting the following types of lenders from their usury laws:
A) eligible lenders of installment loans. B) lenders for large consumer loans. C) lenders of unsubsidized educational loans. D) None of these. Only certain types of transactions rather than types of lenders are exempted.
A specific tariff is:
a. applied only to exports b. set as a percentage of the product price of an imported good c. applied only to products produced in countries that are not members of the WTO d. a fixed tax amount applied to an import e. none of the other choices