Check 21 requires banks to change their current check-collection practices

Indicate whether the statement is true or false


F

Business

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In recent years, many partnerships and sole proprietorships have become limited liability companies (LLCs), or limited liability partnerships (LLPs), to limit their owners' personal liability for business debts and other obligations

Indicate whether the statement is true or false

Business

A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new technology increases the unit contribution margin by 50 percent but increases total fixed costs by $13,750, what is the new breakeven point in units?

A. 3,333 units B. 3,667 units C. 13,500 units D. 9,000 units

Business

The constraint for a given resource is given by the following equation:

2X1 + 3X2 ? 20 If X1 = 5 and X2 = 3, how many units of this resource are unused? A) 20 B) 19 C) 1 D) 0 E) 17

Business

The pair of wires that runs from the central office into our home or business is known as

a. a toll-connecting trunk b. an intertoll trunk c. the local loop d. an interexchange circuit

Business