Under the rule of 78s, loans for a year or less usually do not allow for a finance charge rebate.

a. True

b. False

On December 1, 2018, your company borrowed $39,000, a portion of which is to be repaid each year on November 30. Specifically, your company will make the following principal payments: 2019, $5,200; 2020, $7,800; 2021, $10,400; and 2022, $15,600.

Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $18,361 on deposit in the bank.

McLeod Corporation is a merchandising company. The year began with inventory of $18,000, Purchases for the year were $43,000, and the Ending Inventory was $5,000. What is the Cost of Goods Sold that would be reported on the income statement

Your retirement fund consists of a $5,000 investment in each of 15 different common stocks. The portfolio's beta is 1.20. Suppose you sell one of the stocks with a beta of 0.8 for $5,000 and use the proceeds to buy another stock whose beta is 1.6.

The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and that the income from investing this money may be used for its program of promoting adoption of young girls.

A county accounts for its debt service payments in the General Fund. The amount of unmatured, unpaid interest on general long-term liabilities at the beginning of the year was $122,000 (listed on the LTL Schedule). The ending balance was $165,000.

The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. $ p = - {/color{black}0.07} x^2 - {/color{black}0.

Do you think I could ever start a band?

g. Kings Donut Inc common stock sells for $39.86 a share at a market rate of return of 9.5%. The company just paid its annual dividend of $1.20. What is the rate of growth of its dividend? Assume stock is in equilibrium.

Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cash provided by investing activities 120,000 Net cash used by financing activities 150,000.