A 10% APR with quarterly compounding is equivalent to an EAR of ________
A) 10.00%
B) 10.47%
C) 10.38%
D) 9.81%
Answer: C
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Failure to adequately control processes can result in negative impacts to all of the following except?
a. Decreased productivity b. Decreased speed c. Increased customer service d. Reduced consistency
Which medium is the fastest growing in history?
a. the Internet b. radio c. television d. telemarketing e. direct mail
The opportunity cost of making a component part in a factory with no excess capacity is the: (CMA adapted)
A. fixed manufacturing cost of the component. B. total manufacturing cost of the component. C. net benefit foregone from the best alternative use of the capacity required. D. variable manufacturing cost of the component.
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $23,000 and $900, respectively. During Year 2, Allegheny wrote off $1,500 of Uncollectible Accounts. Using the percent of receivables method, Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $1,600. What amount will Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement?
A. $1,600 B. $2,200 C. $1,500 D. $700