If your income exceeds the amount you spend, you should ________ your investments or ________ loans
A) reduce; repay existing
B) reduce; obtain more
C) increase; repay existing
D) increase; obtain more
Answer: C
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According to the expectations theory of the term structure of interest rates, if the interest rate on a one-year bond today is 3.0 percent, the expected interest rate on a one-year bond one year from now is 4.0 percent, and the expected interest rate on a one-year bond two years from now is 4.5 percent, then the interest rate on a two-year bond today is
A. 3.00 percent. B. 3.50 percent. C. 3.83 percent. D. 4.00 percent.
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 4,800 Units sold 4,000 Sales$400,000 Materials cost$96,000 Variable conversion cost used$48,000 Fixed manufacturing cost$72,000 Indirect operating costs (fixed)$80,000 Cost of goods sold using absorption costing is:
A. $180,000 B. $246,667 C. $40,000 D. $120,000
Use Table G.1 for the following question. What is the acceptance number of a single-sampling plan if n = 300, LPTD = 0.02, and = 0.15?
A) c = 0 B) c = 1 C) c = 2 D) c = 3
Which of the following would most likely be a merchant with respect to the goods in question under the UCC definition?
A) Amy is an authorized IBM computer dealer. B) Brian employs two salesmen to sell his homemade furniture. C) Clarence has a store in which he sells used lawn mowers. D) All of these would be merchants.