Janice would like to send her parents on a cruise for their 25th wedding anniversary. She has priced the cruise at $15,000, and she has 5 years to accumulate this money
How much must Janice deposit annually in an account paying 10 percent interest in order to have enough money to send her parents on the cruise?
A) $1,862
B) $2,457
C) $3,000
D) $2,234
B
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Diane, a marketing manager, shares some of the market research her department has analyzed with the research and development group. Diane is communicating
A. by wandering around. B. horizontally. C. upward. D. through the grapevine. E. externally.
A local government can require a prior cash deposit from importers before allowing goods into the country
Indicate whether the statement is true or false
On July 1, 2014, Falcon Company received a $20,000 promissory note from Jordyn Company. The annual interest rate is 5%. Principal and interest are paid in cash at the maturity date of June 30, 2015. If Falcon's fiscal year ends September 30, 2014, an adjusting entry is needed to:
a. Increase interest revenue by $1,000 b. Increase notes receivable by $250 c. Increase interest receivable by $250 d. Increase notes receivable by $1,000
Recently, regional trade agreements have grown, a trend that may be seen to strengthen the WTO, according to the text.
Answer the following statement true (T) or false (F)