EBSCOHost, InfoTrac and ProQuest are examples of this type of source

A) library databases B) the World Wide Web C) reference materials D) periodicals

A

Business

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You are headed to the mountains for some climbing this summer and you need some gear. The local mountaineering shop is offering 6% financing on all purchases before the end of the month

Your savings account is currently paying 5%, and you are in a marginal tax bracket of 28%. Which of the following is true? A) Borrow from the mountain shop — it is cheaper. B) Take the money out of savings — it is cheaper. C) It does not matter where you get the money; it will cost the same. D) You should seek competent financial help. E) None of the above are true.

Business

Assume you have a margin account with a 50% initial margin. You purchase 100 shares of Microsoft at $150 per share. The price increases to $175 per share. What is the net value of your investment (margin) now?

A) $17,500 B) $15,000 C) $ 7,500 D) $ 3,750 E) None of the above

Business