The maximum rate of interest for credit transactions is established by
A) state law
B) federal law.
C) the Federal Reserve Board.
D) the FTC.
A
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Steve is a new employee at Regency Inc. He wants to work for the company, but he has no desire to join the union or even consider the possibility of becoming a member in the future. Which security provision of union membership is most suitable for Steve?
A. a union shop provision, because it helps an employee use indirect influence to affect management-union contracts B. a closed shop provision, because it gives an employee the right to participate in decision making without becoming a member C. a maintenance of membership provision, because it allows employees to join the union as passive members D. a checkoff provision, because it requires all the employees of an organization to join the union, regardless of their preferences E. an agency shop provision, because it requires employees to pay union dues but does not force them to become members
If a corporation issues 1,000 shares of $1 par value common stock at $5 per share, how should the transaction be accounted for?
a. debit cash for $5,000 and credit common stock for $5,000 b. debit cash for $5,000 and credit common stock for $1,000 and credit additional paid-in capital for $4,000 c. debit cash for $5,000 and credit common stock for $1,000 and credit retained earnings for $4,000 d. credit cash for $5,000 and debit common stock for $5,000 e. debit common stock for $1,000 and debit retained earnings for $4,000 and credit cash for $5,000
The step in Lewin’s change process that represents reinforcing and restructuring is known as ______.
A. changing B. thawing C. unfreezing D. refreezing
The Laurel Company reported the following data for last year: Decrease in the Cash account $25,000 Net cash provided by operating activities 20,000 Net cash provided by investing activities 15,000 Based solely on this information, the net cash flows from financing activities on the statement of cash flows would be:
A) $2,000. B) $(30,000). C) $(60,000). D) $(8,000).