The rule of thumb for determining how much rent you can afford is that you should not spend more than a certain percentage of your after-tax income on rent and utilities. The appropriate percentage is

A)

15%.
B)

25%.
C)

35%.
D)

45%.


B

Business

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To avoid the time-consuming process of taking an inventory each year, most companies use the gross profit method to estimate ending inventory.

Answer the following statement true (T) or false (F)

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ane always felt she had a larger worldview than her peers. She was always concerned about the needs of developing nations and she held deep empathy for people in need of global justice. Jane could be described as ______.

A. egocentric B. altruistic C. ethnocentric D. cosmopolitan

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Investments that generate low returns tend to be riskier than investments that offer high returns.

Answer the following statement true (T) or false (F)

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An advertiser bought a 15-second spot during prime time, but realized that there was very low recall for the advertisement. This could be due to:

A. the lack of demographic selectivity of television. B. the inherent deficiencies of television as a communication medium. C. the low reach of television. D. the presence of commercial clutter. E. message source alienation.

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