The Keogh plan is a retirement plan for individuals who work for large multinational corporations

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Susan purchases goods by telephone from Parker. Susan has never met Parker. Brenton goes to Susan and pretends to be Parker. Susan draws a check payable to the order of Parker and gives the check to Brenton, believing him to be Parker

Brenton forges Parker's indorsement and indorses the check to his brother, William, with the term "without recourse." William then cashes the check at a liquor store. Under the imposter rule, who is liable on the check? A) Brenton B) the liquor store C) Susan D) William

Business

Schiller Construction Inc. has estimated the following revenues and expenses related to phase I of a proposed new housing development. Incremental sales= $5,000,000, total cash operating expenses $3,500,000,

depreciation $500,000, taxes 35%, interest expense, $200,000. Operating cash flow equals A) $650,000 B) $1,000,000 C) $1,150,000 D) $975,000

Business

Which of the following is a potential drawback of telecommuting?

a. Lack of necessary supplies or equipment c. Difficult work environment for employees with disabilities b. Decreased productivity d. Increased employee turnover and absenteeism

Business

Which country has the highest in GDP per capita?

A. Luxembourg B. Canada C. Germany D. U.S.

Business