Ellen, age 25, was recently divorced and has applied to Mayberry Bank for a loan. The bank, as regulated by the Equal Credit Opportunity Act:
A) can ask her if she is married.
B) can ask her if she plans to have children soon.
C) can discount her loan rating because she is 25 and likely to have children within the next five years.
D) must notify Ellen within 30 days after receiving her credit application of the action taken, and if she is denied credit, the bank must give her specific reasons for the denial.
D
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Gillian likes to introduce the fat-free chocolate her company has just begun to manufacture by giving retail store managers a small sample bar to take home and try. Gillian is using the ________ approach.
A. customer benefit B. premium C. showmanship D. product E. demonstration
Investors Al and Bea lend $100,000 to each new idea. Al's history is that he selects low-risk projects or ideas that hit 50% of the time. Bea's history is that she takes on high-risk projects that hit 20% of the time
What rate of return must each successful project pay Al and Bea for them to break even? A) Al's rate is 200% and Bea's rate is 450%. B) Al's rate is 100% and Bea's rate is 400%. C) Al's rate is 200% and Bea's rate is 400%. D) Al's rate is 450% and Bea's rate is 100%.
Company P holds 70 percent of the voting shares of Company S. During 20X8, Company S sold land with a book value of $125,000 to Company P for $150,000. Company P continues to hold the land at the end of the year. The companies file separate tax returns and are subject to a 40 percent tax rate. Assume that Company P uses the fully adjusted equity method in accounting for its investment in Company S.Based on the information given, which consolidating entry relating to the intercorporate sale of land is to be entered in the consolidation worksheet prepared at the end of 20X8? A)Deferred Tax Asset10,000 Income Tax Expense 10,000 B)Deferred Tax Asset25,000 Income Tax Expense 25,000 C)Deferred Tax Asset25,000 Land 25,000 D)No consolidating entry is required.
A. Option A B. Option B C. Option C D. Option D
The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of
a. a sample b. descriptive statistics c. statistical inference d. an experiment