Which of the following would be an advantage of leasing a vehicle?

Automatic ownership interest in the car

Unlimited mileage on the car

No need to meet credit requirements

Lease payments are likely to be lower than finance payments

Describe at least three things a bank would consider about you when deciding whether to give you a loan.

Which of the following is not true for capital projects funds? a. Capital projects funds use the modified accrual basis of accounting. b. Encumbrance accounting is generally used. c.

Recessions are associated with lower incomes, rising unemployment, and falling profits. a. true b. false

Keynes (1930) focused on government spending as a way out of the great depression. how did keynes start from a microeconomic perspective to build a theory of the aggregate price level?

A monopoly, unlike a perfectly competitive firm, assumes some market power. It can raise its price, within limits, without the quantity demanded falling to zero.

Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is 5.37), how much of a mortgage loan can he afford? a. $324,000.00 b. $150,000 c. $167,597.77 d. $200,100.75 e. $510,015.

Jimland's government has severe restrictions toward the entry of foreign companies into the country. A foreign company interested in Jimland would have to purchase an existing company in order to conduct its business there.

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $52,000 8,000

Transactions for Ivanhoe Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,830 cash. 2 Buys equipment on account for $1,550. 3 Pays $560 to landlord for June rent.

A partnership with 10 partners distributes its profits of $450,000 equally to the partners except partner #10 who receives 5% of the total profit. How much do partners #1-9 get equally? con