Northwest Resources, Inc, and Midwest Commodities Corporation are exporting firms that join together to export a line of products. Northwest Resourcesand Midwest Commodities apply to Commerce Bank for a loan to fund their effort. Under federal law, Commerce and other U.S. banks are
A) encouraged by credit guaranties to lend such funds
B) discouraged by administrative rules to make such loans.
C) asked by enforcement agencies to report such requests.
D) banned by statute from opening such credit lines.
A
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Lohmann describes a third category of goods as ______ goods.
A. free B. common C. charitable D. tax-exempt
Arranging your material into a series of appropriate topics is referred to as ______ order.
Fill in the blank(s) with the appropriate word(s).
Redman Corporation is a publicly held company that supplies tourniquets to medical emergency centers. The company maintains a noncontributory defined benefit pension plan for its employees. The Redman's actuary has provided the following information for the year ended December 31 . 2014: Projected benefit obligation .......................... $800,000 Accumulated benefit obligation
........................ 700,000 Fair value of plan assets ............................. 820,000 Service cost .......................................... 240,000 Interest on projected benefit obligation .............. 24,000 Amortization of unrecognized prior service cost ....... 60,000 Expected and actual return on plan assets ............. 82,000 Prior contributions to the defined benefit pension plan equaled the amount of net periodic pension cost accrued for the previous year end. If no contributions have been made for 2014 pension cost, what amount should Redman report in its December 31 . 2014, balance sheet for accrued pension cost? a. $218,000 b. $242,000 c. $324,000 d. $406,000
To increase the margin between selling price and manufacturing cost, a manufacturing company might:
a. negotiate a lower purchase price with suppliers of raw materials. b. substitute more efficient manufacturing equipment for work now done by employees. c. increase selling prices. d. all of the above e. none of the above