Which is not a good financial decision? building a savings account and taking out fewer and smaller loans in the future making monthly payments on a loan on time paying off a loan as soon as possible frequently spending more money than is earned

Prepare journal entries for each of the following (A) On March 1, issued a check to establish a petty cash fund of $1,000. (B) On April 1, the amount of cash in the petty cash fund is $315.

Tim earns income of $60,000 per year and pays $21,000 per year in taxes. Tim paid 20 percent in taxes on the first $30,000 he earned. What was the marginal tax rate on the second $30,000 he earned? a. 20 percent b. 30 percent c. 50 percent d.

e received $120,000 for damages to his professional reputation, $100,000 for damages to his personal reputation, and $50,000 in punitive damages. Jack must include in his gross income as a damage award: a. $0. b. $100,000. c. $120,000. d. $270,000.

Total industry sales are $100 billion. The four largest firms have sales of $35 billion, $17 billion, $6.8 billion, and $2.2 billion. The industry's approximate four-firm concentration ratio is

Brandee has the following results of netting her short-term and long-term capital gains and losses for 2019: $42,000 short-term capital loss, $26,000 net long-term capital gain ($24,000 0%/15% long-term capital gain, and $2,000 28% long-term capital

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).

Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 180,000 shares of stock outstanding.

You put 20% down on a home with a purchase price of $250,000. The down payment is thus $50,000, leaving a balance owed of $200,000. The bank will loan the remaining balance at 3.91% APR. You will make annual payments with a 30-year payment schedule.

Describe a real or made up example of word of mouth promotion. Why do you think people were motivated to spread this message to others?