Which of the following would NOT be considered a characteristic of entrepreneurs?

a. initiative

b. unimaginative

c. innovative

d. risk taker

Western Wear Clothing issues 1,200 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming the issue price is $12 per share, record the issuance of common stock.

Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $96,100.

A lessor is a party who acquires a right to the possession and use of goods under a lease. a) trueb) false

Noel Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest rate did Noel pay? A. 29.09% B. 68.75% C. 34.38% D. 14.55%

You are considering a car loan on a $30,000 car for 5 years with monthly car payments. Bank One quotes you an interest rate on their loan at 0.5% per month compounded monthly. Bank Two quotes you an interest rate of 6.5% compounded annually.

Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger has a return on equity of 11.00%. What percentage of its earnings does Hornberger plow back into the firm?

A tip of $10 is best for which kind of service? A. a mover who delivers furniture to your new home B. a valet who parks your car at a restaurant C. a waiter at a fast-food restaurant

Sunland Company manufactures and sells high-priced motorcycles. The Engine Division produces and sells engines to other motorcycle companies and internally to the Production Division.

Adamson Company manufactures four lines of garden tools. As a result of an activity analysis, the accounting department has identified eight activity cost pools.

Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Click here to access the 2019 tax rate schedule. If required, round the tax liability the nearest dollar.