When an old asset is sold for exactly its depreciated value, the only taxable income is the difference between the initial cost of the machine and the selling price

A borrower has gone to settlement for a cash-out refinance on Tuesday. The rescission period is over at midnight on Friday. What is the first possible day the loan could fund?

a. Tuesday b. Friday c. Saturday d. Monday, the following week

According to Armstrong and Kotler, the five elements of integrated marketing communication are

A) product, place, price, promotion and position. B) word-of-mouth, media mentions, consumer-generated marketing, public relations and advertising. C) advertising, sales promotion, personal selling, direct marketing and public relations. D) goods, services, exchange, transactions and money. E) ideas, information, brand preferences, status and group acceptance.