Your bank pays 4% interest annually. You have $2,500 invested in the bank. How long will it take for your funds to double?
A. 14.39
B. 15.15
C. 15.95
D. 16.79
E. 17.67
Answer: E
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The _____ enforces a privacy law called the Directive on Data Privacy.
A. European Union (EU) B. United States (US) C. U.S. Customs and Border Protection (CBP) D. Electronic Privacy Information Center (EPIC)
The ______ is perhaps the most demanding user of the HRIS.
a. clerical employee b. manager c. technical expert d. analyst or power user
Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $16,000 was made on credit, 3/10, n/30. The journal entry to record this purchase is:
A.
| Merchandise Inventory | 16,000? | |
| Accounts Payable | 16,000? |
B.
| Merchandise Inventory | 15,520? | |
| Accounts Payable | 15,520? |
C.
| Purchases | 16,000? | |
| Accounts Payable | 16,000? |
D.
| Purchases | 15,520? | |
| Accounts Payable | 15,520? |
E.
| Accounts Payable | 16,000? | |
| Merchandise Inventory | 16,000? |
A(n) ________ is useful in evaluating credit policies
A) average payment period B) current ratio C) average collection period D) inventory turnover ratio