When there are large numbers of people looking to save their money and there is little demand for loans, one would expect interest rates to be high

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Annual reports are a good primary source of information

Indicate whether the statement is true or false

Business

Generally, unemployment compensation is:

A. calculated on the basis of an individual's wages received in the previous period of employment. B. funded through taxes paid by employees. C. awarded to individuals who have been fired from their jobs due to their own inefficiencies or faults. D. limited to a maximum of 36 weeks.

Business

Share and Care International is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,400 per client and a targeted profit of $26,000, the number of clients to be serviced is

A) 80 clients. B) 120 clients. C) 47 clients. D) 90 clients.

Business

Eastview Company uses a periodic LIFO inventory system, and has the following purchases and sales: January 1150 units were purchased at $9 per unit.January 17120 units were sold.January 20160 units were purchased at $11 per unit.January 29150 units were sold. What is the value of cost of goods sold?

A. $2,750. B. $380. C. $2,730. D. $440. E. $2,670.

Business