If you were taking out a personal loan, the highest rate would probably be charged by a
A) commercial bank.
B) finance company.
C) member of your family.
D) credit union.
Answer: B
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One major cost of selling goods on account could be
a. cash shortages. b. easy credit. c. accounts payable. d. uncollectible accounts.
The company has no preferred stock outstanding. Calculate the earnings per share for 2019. (Round your answer to two decimal places.)
Amber, Inc. provides the following information for 2019:
A) $0.39 per share
B) $1.56 per share
C) $1.39 per share
D) $1.25 per share
Purchases of buildings and equipment are formally planned in the
a. depreciation budget. b. budgeted balance sheet. c. selling and administrative expense budget. d. capital expenditures budget.
An external issue to be considered when setting a price is
a. the quality of competing products or services. b. the quality of materials and labor. c. a price geared toward a minimum return on investment. d. the total costs of the product or service.