Explain why a customer might want to make a larger down payment when financing a purchase with an installment loan
By making a larger down payment, the initial balance is lowered which will result in lower monthly payments.
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Mountain Valley Sales Company has gross pay for March of $45,000. Which of the following is included in the journal entry to record salaries expense?
A) credit Salaries and Wages Expense B) debit Cash C) debit Salaries and Wages Payable D) debit Salaries and Wages Expense
Unlike public charities, private foundations are not permitted to engage in ______.
A. lobbying B. fund-raising C. providing direct services D. international exchange programs
When strategic managers assess the competitive power of company resources, what matters is
A. whether customers are aware of the resource and view it positively enough to boost the company's brand name reputation. B. whether the resource is technology based or based on superior marketing know-how. C. whether the resource is something rivals are unable to perform, if it is an important differentiating product or service feature, how strongly it contributes to the company's brand image, and if it is the foundation of a cost-based advantage. D. whether the resource is really competitively valuable, if it is rare and something competitors lack, how hard it is to copy or imitate, and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals. E. whether it helps differentiate a company's product offering from the product offerings of rival firms.
In estimating the population mean with the population standard deviation unknown, if the sample size is 16, there are 8 degrees of freedom
Indicate whether the statement is true or false