Benefits from which of the following programs would not be considered acceptable income?
A. Social security
B. Unemployment
C. Court-ordered alimony
D. Welfare
Answer: B. Unemployment
Business
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The cost of debt can be determined using the yield-to-maturity and the bond rating approaches. If the bond rating approach is used, the:
a. coupon is the yield. b. yield is based on the interest coverage ratio. c. company is rated and the rating can be used to assess the credit default spread of the company's debt.
Business
Two automakers that have joined the race to bring low-cost cars to the emerging Indian market are:
A) Mercedes and Lexus. B) Toyota and Ford. C) Tata and Nissan. D) Tata and Toyota. E) Nissan and Toyota.
Business