What are the three main types of finance companies?

A) Sales, lease, and buyback
B) Business, sales, and consumer
C) Factor, lease, and floor plan
D) None of the above are correct.


B

Business

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According to Turkle, no matter how valuable Twitter and Facebook are, they do not substitute for ______.

Fill in the blank(s) with the appropriate word(s).

Business

On April 1, 2016, Bennett Corporation purchased a new machine on a deferred payment basis. A down payment of $5,000 was made and 10 monthly installments of $14,000 each are to be made beginning on May 1, 2016. The cash equivalent price of the machine was $130,000. Bennett incurred and paid installation costs amounting to $6,000. The amount to be capitalized as the cost of the machine is

A) $130,000 B) $136,000 C) $145,000 D) $151,000

Business

In order to reduce the "jumping and running" of some service desks and to support remote service desk customers, technologies such as remote monitoring and software distribution systems are used.

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

Business

When the coupon rate equals the historical market interest rate or initial yield to maturity, then the initial issue price equals the face value of the bonds

Indicate whether the statement is true or false

Business