Maturity is

A. the time until borrowed funds are repaid.
B. the total interest accumulated on a financial security.
C. a situation in which equity becomes worthless.
D. the principal amount invested in a financial security.


Answer: A

Business

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Changing account numbers and account structure can raise a significant information use problem called ______________________________

Fill in the blank(s) with correct word

Business

Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2013 was 10,000 units. On average, 25 percent of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150

per unit. Fantastic Futons buys direct materials for the futons in cloth rolls priced at $80 each. Each roll provides direct material for 40 futons. There was one roll in the direct materials inventory at the beginning of January, and the company expects to have four rolls in inventory at the end of the month. Assuming the production budget calls for 60,000 units to be produced in January, what would be the amount of the cloth rolls direct materials purchases budget for that month? A) $119,760 B) $114,000 C) $120,000 D) $120,240

Business

Howie has been burning the candle at both ends. He had to get another job to help pay for his expensive new car. This added job has created more stress in his life. He can’t sleep at night and is just too exhausted to make it to the gym. Howie is experiencing a

a. Intellectual element of stress b. Psychological element of stress c. Physiological element of stress d. Job burnout element of stress

Business

If a company does not hire certain employees because of their accents, it has committed ________ discrimination

A) genetic information B) sex C) color D) national origin

Business