BUSN 380 STUDY Future Starts Here/busn380study.com BUSN 380 STUDY Future Starts Here/busn380study.com | Page 13

discounting.
add-on interest.
adding simple interest.
compounding.
an annuity.
Question 12. Question : (TCO 1) Barb Hotchkins is in the 28% tax
bracket. A tax-exempt employee benefit with a
value of $600 would have a tax-equivalent value of
$678.
$628.
$833.
$300.
$168.

Question 13. Question : (TCO 1) Personal financial statements would
include
budget and credit card statements.
income tax forms and a cash flow statement.
a checkbook and a budget.
a balance sheet and a cash flow statement.
a bank statement and a savings passbook.