Under the American rule, when an assignor assigns the same right to more than one person, the
first assignment in time prevails.
Indicate whether the statement is true or false
TRUE
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The cost of operating the common manufacturing facility is a(n) ________ cost
A) opportunity B) traceable C) nontraceable D) sunk E) differential
Unamortized debt premium should be reported on the balance sheet of the issuer as a
a. direct addition to the face amount of the debt. b. direct addition to the present value of the debt. c. deferred credit. d. deduction from the issue costs.
Market factors are similar to market indicators except that
A. factors are more general and domestic. B. they tend to correlate with the market demand for a given product. C. indicators are an international measure. D. they are less reliable.
If output decreases
A) total fixed costs will remain the same B) total variable costs will remain the same C) total mixed costs will remain the same D) all of the answers are correct