Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spend on his mortgage? A. 34.7% B. 40.9% C. 40.2% D. 37.8%

In the circular flow of income, Keynesian equilibrium obtains when a) All the individual sectors are in equilibrium: S=I, T=G, M=X b) The aggregate injections equal aggregate withdrawals S+T+M =

Ochre holds one ton of perishable fruit in storage for Produce Corporation. If Produce does not pay for the storage, under the doctrine of mitigation of damages, Ochre is held to a duty to

Ibtihal occasionally had garage sales at her home, and also sells a few items each month on Ebay. In one garage sale, she sold a defective ice cream maker to Brian. When Brian tried to use the device, he received a severe electric shock.

A company issues 9%, 7-year bonds with a par value of $260,000 on January 1 at a price of $273,732, when the market rate of interest was 8%. The bonds pay interest semiannually.

When nonmonetary assets are traded in an exchange that lacks commercial substance and no cash is received, any loss is recognized immediately. a. True b. False

Divine Apparel has 2,600 shares of common stock outstanding. On October 1, the company declares a $0.25 per share dividend to stockholders of record on October 15. The dividend is paid on October 31.

When considering time management techniques, it is important to remember that a. The more techniques used, the better off you will be b. You have to try strategies that don't make sense for your type of work C.

Because of its sheer size and the volume of products it purchases from its vendors, walmart can dictate the prices it will pay. which of porter's five competitive forces does this represent?

Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on tuesday is

While working in a fast food outlet, Harold observed that most of the customers were working in offices in the neighborhood. Sensing a profitable opportunity, he decided to open a catering business.