You have a company that needs a new computer system that will cost $25,000. You put down
$5,000 and finance the remainder at 12 percent, compounded monthly for 2 years.
The bank will
automatically deduct the payment from your account at the beginning of each month. What is
your monthly equipment payment?
A) $941.47 B) $1,176.83 C) $2,677 D) $2,230
A
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The matching principle requires that revenues and expenses for the same time period are matched
Indicate whether the statement is true or false
The following data relate to Swift Company for the year ended December 31, 2012 . Swift Company uses the accrual basis. Sales on credit $250,000 Cost of inventory sold on credit 170,000 Collections from customers 220,000 Purchase of inventory on credit 150,000 Payment for purchases 140,000 Selling expenses (accrual basis) 40,000 Payment for selling expenses 45,000 Which of the following amounts
represents income for Swift Company for the year ended December 31, 2012? a. $60,000 b. $50,000 c. $40,000 d. $35,000 e. $30,000
There is a pay gap between men and women in the field of sales, with men earning more than women do. Despite this, sales represents an excellent financial opportunity for women for which of the following reasons?
A) The pay gap in sales is less than the pay gap in the workforce overall. B) The pay gap varies from company to company. C) The pay gap is only an issue in certain industries. D) The psychic income from sales is equivalent to the value of the pay gap. E) The psychic income from sales cannot be quantified.
What is category management and when is it used?
What will be an ideal response?