Unearned Revenue was $1,200 at the end of May and $1,500 at the end of June. Service Revenue was $8,550 for the month of June. How much cash was received for services provided during June?
A) $8,250
B) $5,850
C) $8,850
D) $11,250
C
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Pizazz, Inc sold a condo on the 34th floor in a building in downtown Chicago. The condo is considered a "good" and the contract will be governed by Article 2 of the UCC
Indicate whether the statement is true or false
Daves Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The firm's noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,225.00. (2) The company's tax rate is 40%. (3) The risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock's beta is 1.20. (4) The target capital structure consists of 35% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of equity, and it does not expect to issue any new common stock. What is its WACC? Do not round your intermediate calculations.
A. 8.48% B. 10.01% C. 7.80% D. 6.79% E. 7.63%
Skype's file transfer generally does not work with antivirus programs
Indicate whether the statement is true or false.
Compensatory damages are intended to:
A. make a plaintiff whole again, at least financially. B. provide equitable relief when there is no other available remedy. C. provide for a nominal monetary award when the court can find no real damage to the plaintiff. D. mitigate a plaintiff's contributory negligence. E. punish a defendant.