Porto Bella Ltd., a Brazilian firm, requires its employee David to stay connected with work after office hours through a smartphone. In Brazil, David and other employees who are required to use mobile devices after work are

a. entitled to receive overtime wages.

b. prohibited from receiving overtime wages.

c. considered overworked and underpaid.

d. paid by their government for staying connected.


a

Business

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On January 1, Year 1, Fox Co, Inc, issues $100,000 par value, 10% bonds maturing in 10 years to yield 12% per year, compounded semiannually on January 1 and July 1 . Use the present value tables. Refer to the Fox Co, Inc example. How much are the initial issue proceeds to the nearest amount shown?

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Indicate whether the statement is true or false

Business

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