38. Which of the following is the first step of a buying plan? (a) define a spending zoal, (b) list items that will meet the goal, (c) describe features of the ideal choice. (d) sera
timeline
39. A buying plan should include all of the following except (a) a spending limit,
(b) criteria, (c) a timeline, (d) collateral
40. Implementing a buying plan involves all of the following except (a) comparison
shopping, (b) setting a spending límit, (c) making a purchase, (d) evaluating the
purchase
41. Which of the following is an example of a charge card? (a) American Express,
(b) Visa, (C) Discover, (d) MasterCard
42. Visiting a doctor and paying later involves which of the following types of credir?
(a) revolving, (b) installment, (c) service, (d) charge card
43. Which of the following is not a major credit bureau? (a) TransUnion, (b) Experian,
(c) Equifax, (d) Fair Isaac and Company
44. Information related to a bankruptcy stays in your credit file for how long? (2) 180 days,
(b) 3 years, C 7 years, (d) 10 years
45. Which of the following is a disadvantage of credit? (a) decreased purchasing power,
(b) overspending, C) security, (d) inconvenience
46. Which of the following carries the most weight when calculating a FICO score?
(a) payment history, (b) amounts owed, c) length of credit history, (d) types of credit
used

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.