A local charity receives annual income of $9,800 from a trust fund established by a generous donor several years ago. The trust fund earns a fixed annual return of 4.75 percent. How much did the donor contribute to establish this fund

What is the practice of banks and mortgage lenders identifying high-risk areas (usually low-income or minority neighborhoods) and either refusing mortgages to applicants from those neighborhoods or offering loans at prohibitively high rates?

Which of the following elements is exclusive to the services marketing mix, and not the traditional marketing mix? a) processb) productc) priced) placee) promotion

Weber Company purchases $50,000 of raw materials on account, and it incurs $60,000 of factory labor costs.

Rockingham Motors issued a 30-year, 8 percent semiannual bond 3 years ago. The bond currently sells for 103.1 percent of its face value. The company's tax rate is 34 percent. What is the aftertax cost of debt?

For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company expected to wash 8,400 cars in August and to collect an average of $6.40 per car washed. The company actually washed 8,500 cars in August.

Which statement is TRUE? a. The concept of equilibrium requires that all individuals have an equal amount of income. b. If a market is in equilibrium, there will be no remaining opportunities for individuals to make themselves better off. c.

Bret Percy owns an art gallery and accepts paintings and sculpture on consignment. He has limited costs and is cautious about accepting artists. When he accepts one, he arranges for an opening show with an average cost of $300.

The process by which the eye changes its focus, by making the lens thicker and thinner

The main purpose of the standards of conduct is to

When a general business partnership fails, the partners: Select one: A. are liable for losses equivalent to their own individual contributions. B. lose only their investment. C. may be required to pay partnership debts from personal assets. D.