A firm purchased goods with a purchase price of $1,000 and credit terms of 1/10 net 30. The firm paid for these goods on the 5th day after the date of sale. The firm must pay ________ for the goods

Which loan allows the borrower to obtain further advances at a later date?

A) Home equity loan program (HELP) B) Home equity line of credit (HELOC) C) Future advances limited loan (FALL) D) this type of loan is not available in the current market

Which of the following statistics indicates the degree to which the variation in one variable, X, is related to the variation in another variable, Y?

A) covariance correlation B) inverse correlation C) product moment correlation D) bivariate correlation E) F-statistic