________ employer businesses (businesses that employ others besides the owners) will close within the first six years
A) Two out of every five
B) One out of every two
C) Three out of every five
D) Seven out of every ten
Answer: C
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The black box approach to testing computer program controls is also known as auditing around the computer
Indicate whether the statement is true or false
When data are positively skewed, the mean will usually be
a. greater than the median b. smaller than the median c. equal to the median d. positive
A firm has outstanding debt with a coupon rate of 5%, ten years maturity, and a price of $1,000. What is the after-tax cost of debt if the marginal tax rate of the firm is 35%?
A) 2.6% B) 2.9% C) 3.3% D) 3.4%
Pascarelli Corporation's inventory at the end of Year 2 was $122,000 and its inventory at the end of Year 1 was $150,000. Cost of goods sold amounted to $870,000 in Year 2. The company's average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 32.3 days B. 51.2 days C. 57.0 days D. 230.1 days