Quik Collection Agency calls Pat several times a day, and some-times in the middle of the night, about an overdue bill that Regal Sporting Goods turned over to Quik for collection. This is a violation of
A)?no federal law

B)?the Fair and Accurate Credit Transactions Act.
C)?the Fair Debt Collection Practices Act.
D)?the Truth-in-Lending Act.


C

Business

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The Apple II, Macintosh, iPod, iPhone, iPad, and CarPlay are all examples of Apple's commitment to ________.

A. social responsibility B. using renewable resources C. new product development D. sustainable procurement E. respecting its workforce

Business

Danny's Delivery Service purchased a delivery van for $30,000 . The van had an estimated useful life of six years and an estimated residual value of $6,000 . After four years of use, the total estimated useful life is revised to seven years. Assuming straight-line depreciation, depreciation expense in year 5 would be

a. $2,667. b. $4,667. c. $2,000. d. $1,143.

Business

Answer the following questions: A. What is the formula to compute working capital? B. What does it measure? C. What would be the implication for a company that has negative working capital?

Business

Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March appear below:   Sales revenues, Consumer$680,000 Sales revenues, Commercial$280,000 Variable expenses, Consumer$394,000 Variable expenses, Commercial$143,000 Traceable fixed expenses, Consumer$102,000 Traceable fixed expenses, Commercial$45,000  In addition, common fixed expenses totaled $210,000 and were allocated as follows: $122,000 to the Consumer business segment and $88,000 to the Commercial business segment. The contribution margin of the Commercial business segment is:

A. $62,000 B. $423,000 C. $137,000 D. $184,000

Business