When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called:
A) Discount interest
B) Compound interest
C) Primary interest
D) Future value
B
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Zott, $45,000; Payne, $60,000; Tejada, $47,000 . If Tejada retired and withdrew $47,000 in settlement of his equity, the debit to his capital account would be in the amount of
a. $60,000. b. $58,000. c. $47,000. d. $94,000.
When marketers at Procter & Gamble selected the Millennials, a demographic that includes college students, as an untapped group of potential customers for the company's Febreze line of products, they were executing which of the following?
A) market segmenting B) mass marketing C) differentiation D) targeting E) positioning
The extent to which employees feel a sense of personal fulfillment and intent when carrying out tasks, along with a belief that their work contributes to some larger purpose is called
a. Scientific management b. Purpose c. Psychological empowerment d. Psychological authorization
Utilities Inc decided to go public with an initial public offering. It sold securities, some of which were bought by James Jefferson. Six months later, James sold the shares he had purchased to Martha Graham and Mark Franco
Two years later, James bought back these shares from Martha and Mark and made a profit out of both transactions. Who is the issuer in this scenario? A) Utilities Inc. B) James Jefferson C) Martha Graham D) Mark Franco