1.
charge cards

a. have the same amount due each month
b. must have their balances paid in full each month
c. are another name for a credit card
d. can be used in more places than credit cards

2.
you should always pay more than the

a. available balance
b. bad debt
c. minimum due
d. penalty

3.
you have $2,675.00 on a credit card with a 15.75% apr. you miss your minimum payment and there is a late fee of $29.00. how much is your balance at the beginning of the second month?

a. $2,814.31
b. $2,739.11
c. $3,125.31
d. $2,710.11

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?