Because interest is usually tax deductible and payments are deferred until you graduate, it is good advice to take out the maximum student loan for which you can qualify

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Concerning how companies control cash received by mail, state which employee should perform the following duties:


What will be an ideal response?

Business

Which of the following statements about marginal analysis is true?

A) Marginal analysis is typically a straightforward procedure to apply in real-life situations. B) An important factor in marginal analysis is predicting demand, which is an exact science. C) Marginal revenue is also the demand curve, so it represents the amount customers will buy at different prices. D) Profit is maximized at the point at which marginal cost is exactly equal to marginal revenue. E) The cost of producing a unit beyond the point when marginal cost equals marginal revenue is much less than the revenue from the sale of that unit.

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The Lakeland Company issues $518,000 of its 10%, 10-year bonds at 106 on March 31, 2017. The bond pays interest on March 31 and September 30. On September 30, 2017, how much cash did the company pay to the bondholders?

A) $2,590 B) $51,800 C) $25,900 D) $12,950

Business

Henry works as a manager at a large manufacturing firm known for its sustainability. He works in the procurement area. Henry is in charge of sourcing all the necessary resources, goods, and services from their suppliers to support supply-chain members. More specifically, he is in charge of managing the processes and activities that provide value all the way from the raw materials to the final customer. A nationwide recycling program encourages consumers to send used products they no longer want back to the company. Henry works with others in the firm to redesign these products for other uses so they can be resold. Henry is engaging in

A. order processing. B. inventory management. C. channel management. D. logistics management. E. supply management.

Business