Ava obtains a short-term loan from a payday loan lender. when the loan is due, ava does not have enough money to pay the loan. she uses her credit card to pay it off rather than extend the payday loan. will ava's actions increase the total cost of the loan more than just extending the loan? why or why not?
no, because she will not have to pay any interest on her credit card.
no, because the interest charged by her credit card will be less than the interest charged by the payday lender.
yes, because payday loans do not charge extra fees or interest to extend a loan.
yes, because the interest charged by the payday lender is less than the interest rate of her credit card.

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.