On December 2, 2014, Loofa Company, which operates a furniture rental business, traded in a used delivery truck with a carrying amount of $5,400 for a new delivery truck having a list price of $16,000 and paid a cash difference of $7,500 to the dealer. The used truck had a fair value of $6,000 on the date of the exchange. The exchange has commercial substance. At what amount should the new truck

Which of the following does not buy loans in the secondary mortgage market?

A: Federal Home Loan Mortgage Corporation; B: Government National Mortgage Association; C: Federal National Mortgage Association; D: Federal Housing Administration.

A company with headquarters in the United States and operational units in the Netherlands, France, Italy, and Spain would be well advised to consider establishing a(n):

A) matrix structure. B) international division structure. C) geographic structure. D) worldwide product division structure. E) regional management center.