A situation in which the monthly payments are less than the interest that is due on the loan, and the unpaid interest is thus added to the principal is called
A) partial amortization.
B) negative amortization.
C) reverse amortization.
D) decaying amortization.
E) none of the above.
Answer: B
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McDonald's global marketing strategy is based primarily on local marketing mix elements
Indicate whether the statement is true or false
Which of the following refers to store personnel tailoring the level of service they give based on a customer's perceived ability to pay?
A) sweethearting B) experiential shopping C) retail borrowing D) off-price retailing E) customer profiling
The times-interest-earned ratios of Benin, Inc. are 20.56 and 7.35 for 2016 and 2017, respectively. Which of the following can be the possible reason for such a change?
A) Benin, Inc. incurred less debt specifically in its revolving line of credit. B) Benin, Inc. incurred more debt specifically in its revolving line of credit. C) Benin, Inc. paid less interest in its revolving line of credit. D) Benin, Inc.'s debt-paying ability increased.
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $86,000 and this year was $103,000. Last year, $32,000 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $12,000 in fixed manufacturing overhead costs were deferred in inventory under absorption costing. What was the absorption costing net operating income this year?
A. $81,000 B. $123,000 C. $83,000 D. $115,000