Henry invests $5000 in a mutual fund with an annual interest rate of 7.5%. He also has a 4-year, $10,000 loan at 3.75%. When will the amount of interest earned on the mutual fund be equal to the amount of interest paid on the loan?

Using accrual accounting, expenses are recorded and reported only: when they are incurred whether or not cash is paid. when they are incurred and paid at the same time. if they are paid before they are incurred.

Which of the following is npt a charactrtistic of market economies

Bonds sold by cities or towns are called

What would be an example of supply in economics

Explain five (5) contributions of the manufacturing industry to industrialization

Which of the following is a disadvantage of the sole proprietorship form of ownership

Products that are essential for life, such as water or groceries, yield more marginal utility than rare products, such as diamonds or luxury vehicles. A. True B. False.

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked. Materials are assigned to each job according to actual cost.

Which of the following is true of internal recruiting? a. It increases recruitment time and costs. b. It targets job applicants that do not currently work for the organization. c. It improves employee commitment and morale. d.

In a perpetual average cost system: a. The average is determined by dividing the total number of units sold by the cost of units purchased during the period. b. A new weighted-average unit cost is calculated each time additional units are purchased.