Which of the following sources of short-term financing is likely to have the highest interest rate?
A) line of credit with a compensating balance
B) commercial paper
C) accounts receivable loan (pledging of accounts receivable)
D) line of credit
C
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Which of the following statements is true about the Federal Arbitration Act (FAA) of 1925?
A. The FAA restricts parties from obtaining a court order to compel arbitration with an arbitration agreement. B. The FAA restricts federal courts from hearing issues of law that have been decided by an arbitrator. C. The FAA provides that arbitration agreements involving commerce are revocable contracts under ordinary circumstances. D. Breach of contract cases and tort claims are not candidates for arbitration as per the FAA.
______ is the ability to explore an issue or situation, integrate all the available information about it, arrive at a conclusion, and validate a position.
Fill in the blank(s) with the appropriate word(s).
Due to increased competition, Yvonne’s company, Caramel Industries, has announced that they will be making a workforce reduction. Yvonne recently bought a house and is worried that she will be part of the reduction. For Yvonne, which element of the hierarchy of needs is not being met?
a. social b. esteem c. self-actualization d. safety
Which of the following is NOT true with regard to an amortization table?
A) The interest payment for a period is equal to the periodic interest rate multiplied by the beginning-of-the-period principal balance. B) The remaining principal balance at the end of a payment period is equal to the beginning-of-the-period principal less the total payment. C) The total payment is calculated by using the present value of an annuity formula. D) All of the above are true.