An ___ ___ is a category of loan in which the borrower receives a loan based solely on his or her creditworthiness and does not need to must pledge some sort of asset as collateral.

Guo Company has stockholders' equity of $400,000 and net income of $66,000. It has a payout ratio of 20% and a return on assets of 15%. How much did Guo pay in cash dividends, and what were its average assets.

Ahrens Industries purchased a machine for $352,000. At that time, the machine had an estimated 10-year useful life and $16,000 salvage value. Ahrens has recorded monthly straight-line depreciation on the machine.

The purchase of inventory for cash will cause the current ratio to decrease. true false

Which of the following is a shortcoming of the unemployment rate? Choose one or more: A. The unemployment rate does not include discouraged workers. B. There are too few observations collected monthly.

If interest rates fall and the yield to maturity decreases by? 0.8%, what will happen to the price of the? bond

What is a disadvantage of government bonds? a) they have a high intrest rate b) They are difficult to find c) They are relatively risk-free d) all of the above

The Sedgwick Company estimates sales of a new product at 5,000 units and $3.00 per unit. Management feels the sales quantity is accurate within a 10 percent plus-or-minus range while the sales price is accurate within a 5 percent plus-or-minus range.

The actual cost of direct labor per hour is $ 11.00 and the standard cost of direct labor per hour is $ 9.50. The direct labor hours allowed per finished unit is 0.25 hour.

A large oil company is studying the number of gallons of gasoline purchased per customer at self-service pumps. The mean number of gallons is 10.0, with a standard deviation of 3.0 gallons. The median is 10.75 gallons.

Eighty percent of your business comes from 20% of your Question 7 options: effort. personal referrals. years in business. customers.