After 4 years, Aspen earned $510 in simple interest from a CD into which she initially deposited $3000. What was the annual interest rate of the CD?

In 2014, Apple purchased Beats Electronics for billion USD. While Apple valued the product portfolio of Beats, its primary aim was to pull the founders of Beats, Jimmy Iovine and Dr. Dre (aka Andrew Young), into the Apple family.

A company has the following accrual-basis balances at the end of its first year of operation: Un-earned consulting fees $ 2,000, Consulting fees receivable 3,500, Consulting fee revenue 25,000.

Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than employment law does. true or false

A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11.

12. Bania's Soup Company is considering accepting a special order for its soup. The normal sales price of a case of soup is $22 and the variable cost per case of soup is $17. Bania's total fixed costs are $10,000, which is equivalent to $5 per case.

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas willdecrease. The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, willdecrease.

Sunland Company issued $530,000, 15-year, 6% bonds at 96. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Fred is a 45-year-old man. He has an analog television without a satellite connection. His savings are low. Therefore, he does not wish to switch to a digital television until the old one breaks down.

7. XYZ stock price and dividend history are as follows: An investor buys three shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all four remaining shares at

Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of snarfblatts remains constant (and that all snarfblatts cost the same).