Tweeted ads must clearly indicate that they are, in fact, ads by including some equivalent of "ad" or "sponsored."
a. True
b. False
Indicate whether the statement is true or false
True
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A company's Inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. Its Accounts Payable balance at the end of the year was $84,000 and $80,000 at the beginning of the year, and its cost of goods sold for the year was $720,000. The company's total amount of cash payments for merchandise during the year equals:
A. $712,000. B. $704,000. C. $720,000. D. $728,000. E. $736,000.
Ralph sold a motel to Steve by stating that he had paid $250,000 for it and that his net average annual profit from the business has been $40,000. In reality he paid $100,000 for the motel and has earned a net average annual profit of only $30,000. Steve made no attempt to verify the statements until after the transaction was completed. In this case:
A) Ralph has committed fraudulent misrepresentation and the contract is voidable at Steve's option. B) Steve is bound by the contract, because he failed to verify the statements which were made to him. C) the contract is not voidable, but Steve may sue for damages. D) the contract is automatically void.
Answer the following statement(s) true (T) or false (F)
Copyrights have to be registered with the Copyright Office.
A bond with a 12% coupon, 10 years to maturity, and selling at $88.00 has a yield to maturity of
A. over 14%. B. between 13% and 14%. C. between 12% and 13%. D. between 10% and 12%. E. less than 12%.