Suppose that you were thinking about leasing a new vehicle. Which of the following should not be an important consideration?

A) I drive less than 15,000 miles annually.
B) I like to get a new car every few years.
C) I dislike the hassle of trading-in or selling cars.
D) It's the only way I can afford the vehicle that I want.
E) I dislike the hassle of maintenance.


Answer: D

Business

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Hooper Corporation has bonds outstanding with a face value of $100,000 and a carrying value of $103,000 on December 31, 2010 . If the company calls in and retires these bonds on December 31, 2010, for $105,000, the entry to record the retirement would be:

a. Bonds Payable 103,000 Cash 103,000 b. Bonds Payable 105,000 Cash 105,000 c. Bonds Payable 100,000 Loss on Retirement of Bonds 3,000 Cash 103,000 d. Bonds Payable 100,000 Loss on Retirement of Bonds 2,000 Unamortized Bond Premium 3,000 Cash 105,000

Business

Enlightened community relations depend upon which of the following?

A) researching, analyzing, and understanding the power structure of communities B) understanding the makeup and expectations of communities C) the organization communicating its point of view in a "top-down" fashion D) each power base making sure it demonstrates who is in charge

Business

Stores that have similar and/or complementary merchandise offerings have which characteristic?

a. traffic count maximization b. one-hundred percent location c. visibility d. affinity

Business

Foreign debt is a debt instrument sold in a country other than the one in whose currency the debt is denominated.

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

Business