In the analysis of queuing models, the Poisson distribution often describes arrival rates, while service times are often described by the negative exponential distribution

Up-a-Creek, Inc., needed some long-term financing and arranged for a 6-year, $60,000, 12% mortgage loan on January 1, Year 1. Annual payments of $14,594 will be made on December 31 each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where each amount is found. What is Interest Expense?

A. $(14,594); Statement of Cash Flows (financing activities section) B. $(7,200); Income Statement C. $52,606; Balance Sheet D. $(7,200); Statement of Cash Flows (operating activities section) E. $45,406; Balance Sheet F. $(7,394); Statement of Cash Flows (financing activities section) G. $60,000; Balance Sheet H. $(7,394); Income Statement I. $(14,594); Income Statement

In Standard Oil v. U.S., the federal government wanted to break up a trust of companies that controlled up to 90 percent of the petroleum products market at the turn of the century. The government charged the trust with:

a. illegal boycott b. power buying c. exclusive dealing d. monopolization e. none of the other choices