Any kind of money that a creditor must by law accept in payment for debts is called.

a. barter

c. legal tender

b. cash

d. tender money

Two persons Aand B appeared for an interview for ajob the probability of selection of A is 1over 3 and that of b is 1 over 2 find the probability that 1 both of them will be selected 2 only one of them will be selected 3 none of them will be

Zwick company bought 28,000 shares of the voting common stock of handy corporation in january 2018. in december, handy announced $207,400 net income for 2018 and declared and paid a cash dividend of $10 per share on all 209,500 shares of its

Bahrainia is a country that has closed borders and does not import or export any goods or services; hence, they do not worry about trade with other countries. Total spending for the federal government of Bahrainia for the last fiscal year was 24.

The Federal Reserve System is able to do which of the following things? A. Encourage individuals to spend more money B. Mandate that the government create new jobs C. Provide loans to individuals D. Provide loans to banks

Northern Lights is trying to decide whether to lease or buy some new equipment. The equipment costs $68,000 and has a life of three years. The company has a tax rate of 21 percent, a cost of borrowed funds of 8.

A letter of credit: a. Ensures a company that funds will be available when needed b. Is analogous to a credit card that companies can draw on as needed c. Is a representation that a company has a high credit rating d.

In a business organization, the splitting of management and ownership into two distinct functions is an example of a (n)

Alan Jackson invests $20,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Alan withdraws the accumulated amount of money.

Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $500 annual fee plus $10 per tax return for a license to use Mega Tax software.

Which strategy is most likely to improve most people's financial situation over a lifetime? A. using a credit to spend more than a person. B. making financial decisions quickly based on intuition. C.