Fanning Transport Company divides its operations into four divisions. A recent income statement for its West Division follows. FANNING TRANSPORT COMPANY West Division Income Statement for Year 3 Revenue $ 550,000 Salaries for drivers (400,000 ) Fuel expenses (55,000 ) Insurance (75,000 ) Division-level facility-sustaining costs (45,000 ) Companywide facility-sustaining costs (135,000 ) Net loss $ (160,000 ) Required By how much would companywide income increase or decrease if West Division is eliminated

Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.