1. True or false? When you use revolving credit, you borrow a fixed amount and make regular payments until you've paid off the loan.

A cement manufacturer has supplied the following dа ta: Tons of cement produced and sold 220,000 Sales revenue $924,000 Variable manufacturing expense $297,000 Fixed manufacturing expense $280,000 Variable selling and adin expense $165,000

During year five, estimated tax payments of$225,000 were paid and debited to prepaidtaxes. There were no differences betweenfinancial statement and taxable income for yearfive. Included in accounts receivable is $400,000due from a loyal customer.

Kimberly-Clark has seen one of its product lines decline over the years. The company decides the product is taking up too much resources, and it would be better to withdraw all marketing support for the product. This strategy is known as:

What does the FDIC do? track credit scores regulates and insures banks monitors social security regulates taxes

You are hired as the consultant to a monopolistically competitive firm. The firm reports the following information about its price, marginal cost, and average total cost.

The Nolan Corporation finds it is necessary to determine its marginal cost of capital. Nolan's current capital structure calls for 30 percent debt, 20 percent preferred stock, and 50 percent common equity.

Gaston owns equipment that cost $17,000 with accumulated depreciation of $3,400. Gaston sells the equipment for $12,200.

If the supply of loanable funds exceeds the demand then borrowers will bid up the interst rate. True / False.

The scientific method begins with A. the development of a formal hypothesis. B. the gathering of information. C. the identification of a problem for investigation. D. methodical observation of a phenomenon of interest.

Charles loves watching downton abbey on his local public tv station, but he never sends any money to support the station during its fundraising drives. economists would call charles afree rider.