The cost of financing with a payday loan is more reasonable than the cost of obtaining credit through a credit card

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000 . They agree to salaries of $12,000 and $18,000 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will Singer's share of the income (loss) be if the net loss for the year is $10,000?

a. $(12,600) b. $(14,000) c. $(6,000) d. $(10,000)

Business

Which of the following situations would be appropriate for a value claiming strategy or tactic?

A. an integrative situation B. a situation in which many people can achieve their goals and objectives C. a mutual gains situation D. a distributive situation

Business

Explain how to go about motivating employees using acquired needs theory.

What will be an ideal response?

Business

Less objective results are obtainable if an independent party performs the post audit of a capital investment

Indicate whether the statement is true or false

Business