Mike Morgan has a $83,098.59 loan. He paid $1,000 in fees and $4,900 in total interest the first year. If the APR is the finance charge (interest plus fees) for one year : amount financed, what was the APR for that year?

Classify each of the following financial statement items based upon the major balance sheet classifications.

Through informal talks with employees, managers realized employees thought their plant would close, resulting in massive layoffs. a few were already seeking other employment.

The - effect means Tommy's - will shift because he has less purchasing power. As a result, he may choose the regular-size steak instead of the larger "hunter's portion" he prefers.

If the employer is tardy in paying the state contributions, the credit against the federal tax is limited to what percent of the late payments that would have been allowed as a credit if the contributions had been paid on time? a. 0% b. 90% c. 20% d.

According to liquidity preference theory, if the quantity of money demanded is greater than the quantity supplied, then the interest rate will a. increase and the quantity of money demanded will decrease. b.

Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude that a. Polish firms are faced with stricter government regulations than Romanian firms. b.

What is the difference between global trade and domestic trade?

Dakota Inc. and Jersey & Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries.

The company believes that these efforts have increased the fair value of the entire company by $325,000. How much goodwill can the company recognize at the end of the year associated with these expenditures?

A farmer wakes up one morning and sees a large circular area of land on his farm that is sunken. what may be the problem?