Strum Hardware has total assets of $50,000. What are the total assets if new equipment is purchased for $10,000 cash?

a. $45,000

b. $50,000

c. $55,000

d. $60,000

The Fed has decided to expand the money supply, leading to lower interest rates. As a small business owner, you react to these lower interest rates by deciding to expand your operations and open up a new branch of your pet grooming business.

Adriana has borrowed $30,000 from her IRA in order to fund her startup costs. How long does she have to replace the money without incurring a 10% premature-withdrawal fee? 30 days 60 days 90 days 120 days

The major shortcoming of a barter economy is A. the requirement of specialization and exchange. B. that goods and services are not traded. C. that money loses value from inflation. D. the requirement of a double coincidence of wants.

On 6/25, supplies costing $1,000 were purchased, but only $400 of this amount was paid on 6/25. The remainder of the bill went on account.

Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period.

Technical tool that provides users with the ability to study, control, and improve processes of all types is a:

Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 30 percent. What is the company's WACC?

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important