The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's account?

A. 0.8%

B. 1.2%

C. 3.6%

D. 0.4%

A government finds itself in the following situation: a government budget deficit of $900; total domestic savings of $2000, and total domestic physical capital investment of $1300.

Andrew quits his job as an accountant where he earns $55,000 per year to go back to school for two years to get an mba degree. he attends a school that charges $25,000 per year for tuition and related expenses.

Suppose that, instead of an outright ban on bicycle couriers, congress passed a law that banned any companies that used bicycle couriers from receiving any money from federal grant programs or federal contracts.

The finance function influences operating decisions about

On March 15, Calloway, Inc., paid property taxes of $525,000 for the calendar year. The journal entry at March 15 to record the payment of property taxes would include which of the following? a. A debit to Property Tax Expense of $480,000. b.

Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.50 per direct labor-hour.

Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B.

Suppose a three-person comittee is formed for a culb by drawing names out of a hat. If the expected number of women is 2 and there are 10 men in the culb, how many women are in the club?

Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year.

Jim Bob Airlines has one 57 seat plane. On its last five flights it had 44 passengers from MSY to DFW, 49 passengers from DFW to OKL, 36 passengers from OKL to TUL, 30 passengers from TUL to FWB, and 49 passengers from FWB to MSY.