Which factor does not affect a household's cash inflows?
A) Monthly spending on non-essentials
B) Stage in career
C) Type or level of job
D) Number of family members employed
Answer: A
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Rooster's currently has $5,200 in cash. The company owes $31,700 to suppliers for merchandise and $41,500 to the bank for a long-term loan. Customers owe the company $26,400 for their purchases. The inventory has a book value of $53,300 and an estimated market value of $56,500. If the store compiled a balance sheet as of today, what would be the book value of the current assets?
a. 46,800 b. 55,600 c. 64,700 d. 84,900 e. 96,500
Quentin is a member of the Album of the Month Club and receives a new music CD every month without fail
The Club usually gives its members a time period within which they can reject the selection and stop shipment of the CD, failing which the CD will be shipped. Last month, Quentin received a CD from Album of the Month Club, a copy of which a friend had already gifted him. As he was away, Quentin had not found time to reject the selection and had to buy the CD. What kind of an offer-acceptance model does Album of the Month Club have? A) mirror image rule acceptance B) silence as acceptance C) acceptance-upon-dispatch D) unequivocal acceptance