How much was Ford required to pay to Kearns?
a. $0.30 per car
b. $0.40 per car
c. $0.90 per car
d. None of the above
.A
You might also like to view...
Comfort Shoes received a promissory note from a customer on April 1, 2016 . The face amount of the note is $2,000; the terms are 12 months and 8% annual interest. At the maturity date, the customer pays for the note and interest. Comfort Shoes made the proper adjustment at the end of December for interest. The effect of recognizing the transaction on the maturity date is
a. A decrease to Cash b. An increase to Notes Receivable c. An increase to Discount on Notes Receivable d. A decrease to Notes Receivable
Which of the following statements is CORRECT?
A. In the WACC calculation, we must adjust the cost of preferred stock (the market yield) to reflect the fact that 70% of the dividends received by corporate investors are excluded from their taxable income. B. We should use historical measures of the component costs from prior financings that are still outstanding when estimating a company's WACC for capital budgeting purposes. C. The cost of new equity (re) could possibly be lower than the cost of retained earnings (rs) if the market risk premium, risk-free rate, and the company's beta all decline by a sufficiently large amount. D. Its cost of retained earnings is the rate of return stockholders require on a firm's common stock. E. The component cost of preferred stock is expressed as rp(1 - T), because preferred stock dividends are treated as fixed charges, similar to the treatment of interest on debt.
Garnishments: A) are attachments of funds for executing a judgment
B) are not regulated by federal laws. C) can take up to 75 percent of the debtor's wages. D) All of the above
According to your text, is it recommended that couples have a joint credit card or not?
A) No, it is best for couples to have their own credit cards. B) Yes, it is important for couples to have joint credit cards.