Calculate the interest on $6,000 borrowed at an annual rate of 9% under the simple interest loan method for 9 months
A) $270
B) $360
C) $405
D) $450
E) $540
Answer: C
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Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces and sells 7,500 units at $6.00 each. This level represents 75% of its capacity. Production costs for these units are $4.50 per unit, which includes $3.00 variable cost and $1.50 fixed cost. To produce the special order, a new machine needs to be purchased at a cost of $1,000 with a zero salvage value. Management expects no other changes in costs as a result of the additional production. If Minor wishes to earn $1,250 on the special order, the size of the order would need to be:
A. 4,500 units. B. 300 units. C. 1,125 units. D. 2,250 units. E. 625 units.
The forced sale of real property following a court proceeding is called a:
a. judicial foreclosure. b. deficiency judgment. c. right of redemption. d. real estate owned.
Performance Monitoring. Patience Oyoyo worked as a claims analyst in the claims management department of Baylor Healthcare Network, Inc When questions arose about Oyoyo's performance on several occasions, department manager Debbie Outlaw met with Oyoyo
to discuss, among other things, Oyoyo's personal use of a business phone. Outlaw reminded Oyoyo that company policy prohibited excessive personal calls and that these would result in the termination of her employment. Outlaw began to monitor Oyoyo's phone usage, noting lengthy outgoing calls on several occasions, including some long-distance calls. Eventually, Outlaw terminated Oyoyo's employment, and Oyoyo filed a suit in a federal district court against Baylor. Oyoyo asserted in part that in monitoring her phone calls, the employer had invaded her privacy. Baylor asked the court to dismiss this claim. In whose favor should the court rule, and why?
The use of mandatory arbitration clauses in contracts between investors and their brokerage firms has been prohibited by the SEC
a. True b. False Indicate whether the statement is true or false