Credit counselors often advise individuals to limit their consumer credit (not including home mortgages) to
A)
about 20% of take-home pay.
B)
an amount no greater than 20% of total assets.
C)
about 50% of long-term debt.
D)
an amount that leaves 50% of their discretionary income flexible.
A
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Paris, Inc. holds 100 percent of the common stock of Stockholm Company, an investment acquired for $520,000. Immediately following the combination, Paris's net assets have a book value of $900,000 and a fair value of $1,050,000. The book and fair value of Stockholm's net assets on the date of combination are $350,000 and $425,000, respectively. Immediately following the combination, a consolidated balance sheet is prepared.Based on the information given above, what will be the amount of net assets reported in the consolidated balance sheet?
A. $1,420,000 B. $900,000 C. $1,250,000 D. $1,325,000
Many commercially available computer packages such as CRAFT, CORELAP, and ALDEP may be used to solve large-scale process layout problems. These programs rely to a great extent on ______.
A. intuitive approaches B. heuristic approaches C. forecasting techniques D. deterministic modeling
What is a person who creates value by improving efficiency and effectiveness in the use of society’s limited resources called?
A. founder B. capitalist C. industrialist D. entrepreneur
Every successful company uses __________ to put its plans into effect: evaluate, correct, and reward.
Fill in the blank(s) with the appropriate word(s).