Interest on a twelve-month installment loan is to be calculated using the add-on method. If the purchased to be financed is $1,000 and the add-on rate is 6%, then your monthly payment is about

A)

$76.67.
B)

$86.07.
C)

$88.33.
D)

$88.65.


C

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The equity method records the initial purchase of an investment in voting common stock at _____. Each period, the investor treats as revenue its share of the _____ of the investee. The investor treats dividends declared by the investee as _____

a. acquisition cost; dividends; income b. acquisition cost; periodic earnings; a reduction of the investor's investment in stock of the investee account c. present value of future cash flows; dividends; a reduction of the investor's investment in stock of the investee account d. present value of future cash flows; periodic earnings; a reduction of the investor's investment in stock of the investee account e. future value of present cash flows; dividends; a reduction of the investor's investment in stock of the investee account

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Which of the following of Likert’s four systems of management relates to managers involving groups in setting and measuring goals, information flows in all directions, and decisions making is done throughout the organization?

a. System 1 b. System 2 c. System 3 d. System 4

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Dog SpaKelly Tumlin wants to open a dog grooming salon that will offer healthy, natural pet care and holistic pet products. All of the products sold at the salon will be of the highest quality and made of all-natural ingredients.. Tumlin wants to pamper pets just like a spa pampers their owners. To determine the feasibility of the grooming salon, Tumlin hired a marketing researcher who studied all the market information available and determined that single, white-collar workers between the ages of 30 and 60 were the most likely people to use the services proposed by Tumlin. The researcher also determined the west side of the city offers the best location for the enterprise even though zoning regulations are much stricter in that area.Refer to Dog Spa. Describing the market for Tumlin's

grooming salon in terms of how old they are and their marital state reflects the use of _____ characteristics. A. psychographic B. demographic C. anthropological D. geographic E. sociological

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In Japanese operations strategy, kaizen refers to

A. value chain. B. zero defects. C. rightsizing. D. total quality management. E. continuous improvement.

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