The equation for r is represented as ________

A) COVxy/ Sx2Sy2
B) SxSy/COV
C) COVxy/ SxSy
D) Sx2Sy2/COV


C

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The Jacob Corporation acquired land, buildings, and equipment from a bankrupt company at a lump-sum price of $500,000. At the time of acquisition, Jacob paid $20,000 to have the assets appraised. The appraisal disclosed the following values: Land $100,000 Buildings 200,000 Equipment 300,000 What costs should be assigned to the buildings?

A) $166,667 B) $173,333 C) $200,000 D) $260,000

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Rasool and Kelly are married and have three children. Rasool and Kelly own their home together as tenants in the entirety. If Rasool dies intestate, under the laws of most states, who owns the home?

A. Kelly owns the home by right of survivorship. B. Kelly and each of the children own one-fourth share of the home. C. Kelly owns one-half and the children each own one-sixth share of the home. D. Each of the children owns one-third of the home.

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After a job is completed, the product unit cost can be determined from the job order cost card

Indicate whether the statement is true or false

Business

A director or corporate officer who does not attend board meetings regularly would be in violation of ________

A) self-dealing B) duty of care C) duty of loyalty D) duty of obedience

Business