Fay and James purchased a living room set on installment with a $325 down payment and an installment price of $3,257. If Fay and James paid 36 equal installments, how much was each payment?
A) $90.47
B) $81.44
C) $77.49
D) $73.47
B
Business
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Conficker is an example of a:
A. virus. B. worm. C. Trojan horse. D. botnet.
Business
Qualified opinions can only be issued by auditors for which of the following?
a. Violations of GAAP. b. Scope limitations. c. Going concern. d. Lack of independence. e. Either A and B.
Business
Deferring the recognition of revenue for which the earnings process is complete is an example of
a. "big bath" accounting. b. a "cookie jar" reserve. c. a change in an accounting estimate. d. strategic matching.
Business
If sales are $400,000, variable costs are 75% of sales, and operating income is $50,000, what is the operating leverage?
A) 2.5 B) 7.5 C) 2.0 D) 0
Business