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NEW QUESTION: 1



A. Option C
B. Option D
C. Option A
D. Option B
Answer: D

NEW QUESTION: 2
During June, which of the four houses used between 0.5 and 0.7 kWh of electricity per square foot of interior area?

I. House A
II. House B
III. House C
IV. House D
A. II, III, and IV only
B. I, II, and III only
C. II and IV only
D. I, II, III, and IV
E. II and III only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To calculate per-square-foot usage for a house, divide total usage by square-foot area. Estimating the averages (to either above or below the nearest tenth) for each house will suffice to select the houses at which between 0.5 and 0.7 kWh per square-foot area were used during July:
House A: 0.7+
House B: 0.7-
House C: 0.5+
House D:0.5-
As you can see, houses B, C, and D fall between 0.5 and 0.7 kWh.

NEW QUESTION: 3
An analyst at XYZ Company was assigned with determining if the company should start to use a lockbox provider for its retail payments. The analyst determined that the company's annual sales of $324,000,000 were recorded evenly throughout the year. The Company receives 30,000 checks annually. Total dollar-days float without the lockbox is $76,500,000 and the annual opportunity cost is 5.5%; assume 30-day month. The industry's average opportunity cost is 6.0%. Using the information in the table,

what would be the net effect of using the lockbox?
A. Net savings of $1,732,500
B. Net savings of $57,750
C. Net savings of $63,000
D. Net savings of $1,890,000
Answer: B
Explanation:
Topic 4, Volume D

NEW QUESTION: 4
Mr. Roberts has three loans at First National Bank: Loan A made to purchase a car, secured by the car; Loan B made to purchase stock, secured by a lake lot; and Loan C made to pay taxes, secured by a rental house he owns. Last year he paid $2,500 in interest on Loan A; $550 in interest on Loan B; and $1,000 in interest on Loan C.
How much interest will First National Bank report to the IRS?
A. $2,500
B. $1,000
C. $4,050
D. $1,550
Answer: B