Lee is seventy years old and Mira is a high-school dropout. Based on this information, members of protected classes include

a. Lee and Mira.
b. Lee only.
c. Mira only.
d. neither Lee nor Mira.


b

Business

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Offshoring typically lowers labor, working capital and fixed costs but increases risk and freight costs

Indicate whether the statement is true or false.

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Which of the following terms is NOT correctly paired with its description?

a. performance: the extent to which a product’s design and operating features meet the specifications the producer of the product has established for it b. conformance: a product’s primary attributes or operational features c. durability: the average life of a product until it deteriorates and needs replacement d. empathy: the price of a product relative to the service associated with it

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The following income statement was drawn from the income statement of Gibbons Company for its first year of operations:    Cash revenue$60,000 Depreciation expense 20,000 Accrued interest expense 6,000 Cash operating expense 24,000 Operating income 10,000 Gain on the sale of equipment 1,200 Net income$11,200  Using the direct method, the net cash flow from operating activities equals:

A. $26,000. B. $24,800. C. $36,000. D. $37,200.

Business