A credit agreement in which a business customer may borrow up to a pre-specified limit, repay all or a portion of the borrowing, and reborrow as necessary until the credit line matures is known as a(an):
A. interim construction.
B. project loan.
C. working-capital loan.
D. revolving credit line.
E. None of the options is correct.
D. revolving credit line.
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The following information relates to the defined benefit pension plan of the Steamer Company for the year ending December 31 . 2014: Projected benefit obligation, January 1 .............. $4,600,000 Projected benefit obligation, December 31 ............ 4,729,000 Fair value of plan assets, January 1 ................. 5,035,000 Fair value of plan assets, December 31 ............... 5,565,000
Expected return on plan assets ....................... 450,000 Amortization of deferred gain ........................ 32,500 Employer contributions ............................... 425,000 Benefits paid to retirees ............................ 390,000 Settlement rate ...................................... 10% The net periodic pension cost reported in the income statement for 2014 would be a. $11,500. b. $24,000. c. $36,500. d. $59,000.
Which sentence is correctly punctuated?
A) On Monday, June 1, 2015 our company went public and was listed on the New York Stock Exchange. B) On Monday, June 1, 2015, our company went public and was listed on the New York Stock Exchange. C) On Monday June 1, 2015, our company went public and was listed on the New York Stock Exchange.
A toxic person in the workplace is likely to
A) ask for help with his or her deficiencies. B) look to help other people with their deficiencies. C) focus on the positive in dealing with other people. D) focus on the negative in dealing with other people.
If you are responsible for solving a problem, you do not have to work alone. Instead, take advantage of the ____________________ wisdom of your colleagues, which is the shared knowledge and experience a group of people can apply to a problem.
Fill in the blank(s) with the appropriate word(s).