A firm that averages sales of 320 units for every 480-minute shift it runs has a takt time of 90 seconds
Indicate whether the statement is true or false
TRUE
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Chris sold Valerie a home containing a wood stove which could not be removed from the home without causing substantial damage. Shortly after the sale, Valerie sustained significant smoke damage due to a malfunction of the stove. She told Chris that she was going to sue him under the UCC. Chris told her that was not possible. Which of the following is true?
a. Chris is correct because the stove would likely be a fixture not covered by the UCC. b. Valerie is correct because the stove would likely be a fixture covered by the UCC. c. Valerie is correct because the stove would not be considered a fixture and would, therefore, be covered by the UCC. d. Valerie is correct because the sale of the home would be covered under the UCC along with anything else sold with the home.
As a small business owner, you are not liable for the debts of your business
Indicate whether the statement is true or false
Morgan has the following capital gains and losses for the current tax year: Short-term capital gains$12,000 Long-term capital gains3,000 Short-term capital losses(7,000) Long-term capital losses(6,000) ? What is Morgan's net capital gain or loss position for the year?
A. $5,000 net short-term capital gain B. $2,000 net long-term capital loss C. $2,000 net short-term capital gain D. $3,000 net long-term capital loss E. $4,000 net short-term capital loss
The residents of Richmond voted to build a new library, at a cost of $180 per residence, with the cost spread over a 10-year period. The Wilson family had an annual tax bill of $2,580 before the improvements. If they pay their property taxes semiannually, what will be the amount of their next tax payment?