Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly payments is called

installment credit

an unsecured loan

a secured credit card

compounding interest

How does purchase a car affect the economy?

When a cash and investment pool of a certain city was established, the debt service fund transferred investments to the pool having a cost of $3,000,000 but a current fair market value of $3,100,000.

GDP does not count: Group of answer choices the estimated value of homemaker production. state and local government purchases. spending for new homes. changes in inventories.

Oriole Shoes Foot Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.

Which is the best reason for why companies use product advertising features? a) to focus on a specific benefit b) to advertise the entire line of products c) to cross-promote another product d) to barter with bulk retail stores

Services United is considering a new project that requires an initial cash investment of $78,000. The project will generate cash inflows of $29,500, $32,700, $18,500, and $10,000 over each of the next four years, respectively.

On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from John Deere. The contract required Green Valley Farm to pay $150,000 in advance on November 1, 2021.

Bob DeSlob, CEO of Westlake Inc., had supported the development and distribution of the Super Widget, a product that is expensive to make. The Super Widget failed to meet its expected sales.

Establishing general ledger accounts opening balances will always be zero true or false

Ayayai Corporation purchases a patent from Blossom Company on January 1, 2020, for $40,000. The patent has a remaining legal life of 12 years. Ayayai feels the patent will be useful for 10 years.