Bill's annual savings rate is 9%. If Bill currently saves $6,750 annually, how much more will he need to save to increase his savings rate to 11%?
A) $8,250
B) $135
C) $1,500
D) more information needed to determine the answer
Answer: C
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One major difference between deferral and accrual adjustments is that:
A. deferral adjustments increase net income, and accrual adjustments decrease net income. B. accounts affected by an accrual adjustment always go in the same direction (i.e., both accounts are increased or both accounts are decreased), and accounts affected by a deferral adjustment always go in opposite directions (one account is increased and one account is decreased). C. accrual adjustments affect income statement accounts, and deferral adjustments affect balance sheet accounts. D. deferral adjustments are made under the cash basis of accounting, and accrual adjustments are made under the accrual basis of accounting.
According to the U.S. Census Bureau, wholesaling is defined as the activities of firms that sell to retailers but do not sell in large amounts to final consumers, manufacturers, or other institutional users.
Answer the following statement true (T) or false (F)
Primary actors and secondary actors do the same thing, but in a different way
Indicate whether the statement is true or false
The producer of a certain bottling equipment claims that the variance of all their filled bottles is 0.027 or less. A sample of 30 bottles showed a standard deviation of 0.2 . The p-value for the test is
a. between 0.025 to 0.05 b. between 0.05 to 0.01 c. 0.05 d. 0.025