Which type of credit requires that the borrower pay a specific amount in a set number of payments of equal amounts?

A.

Revolving credit

B.

Installment credit

C.

Noninstallment credit

D.

Line of credit

Sheldon Company had $500 for one day of accrued salaries on December 31 of the prior year. On January 4 of the current year, total salaries for the five-day week are paid. The journal entry to record the payment of salaries on January 4 includes: a.

You have $200,000 to invest for a year and have two choices. Bank A pays 8% annually, compounded annually. Bank B pays 8% annually, compounded quarterly. Which bank should you choose and why?

Caroline's Jewelry and Gifts is located between a hardware store and a sports bar. While her target market is adult women of medium income, who would be a logical secondary target market?

The opportunity cost of studying for an economics test is: negative, since it may improve your grade. zero, because you knew when you registered for the class that studying would be required. the money you spent on tuition for the class.

Newman Shoes and Bowman Footwear both decided to write off a specific customer's uncollectible account as a bad debt expense.

Force Corporation is owned equally by Luke and his sister Leia, each of whom own 200 shares in the company. Force redeemed 100 shares of Luke's stock in the company on December 31 of this year paying Luke $1,000 per share.

Question 1 of 10: this will allow you to borrow money to buy a car, but you will have to pay it back with interest over time: a. gift b. lease c. lend-lease d. loan

If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate? A. 22.5 B. 1.25 C. 2 D. 0.75

The attitude adopted by Calvin Coolidge that government should play a small role in business affairs is known as what?

Why is it important to take special steps to format an electronic résumé properly? a. It demonstrates superior knowledge over other candidates b. It shows time went into applying for the position c. It ensures the document is clear and readable d.