NPR leased a special crane to WLRN that cost NPR $40,000 . The lease term was six years and the annual rentals were $10,000 per year, payable at the end of each year. The implicit interest rate was 1 . percent. NPR recognized a gross margin of
a. $3,553.
b. $4,000.
c. $20,000.
d. $24,000.
A
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Which of the following is a password security weakness?
A. Users have accounts on several systems with different passwords. B. Users write down their passwords on a note paper, and carry it with them. C. Users select passwords that are not part of an online password dictionary. D. Users are assigned passwords when accounts are created, but do not change them.
Which decision-making format talks about using four frames or lens of analysis?
A. the Lonergan/Baird Method B. the Moral Compass C. the Foursquare Protocol D. the Five Timeless Questions
Managers of what type of decentralized units have authority and responsibility for revenues, costs, and assets invested in the unit?
A) Profit center B) Investment center C) Production center D) Cost center
Fauver Industries plans to have a capital budget of $600,000. It wants to maintain a target capital structure of 40% debt and 60% equity, and it also wants to pay a dividend of $300,000. If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance?
A. $660,000 B. $514,800 C. $600,600 D. $712,800 E. $580,800