The amount of disability benefits made to an employee is based on the level of the employee's disability and the employee's regular wage or salary

Indicate whether the statement is true or false


True

Business

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Parsa Inc. reported the following results from last year's operations:   Sales$14,000,000Variable expenses 9,500,000Contribution margin 4,500,000Fixed expenses 3,800,000Net operating income$  700,000Average operating assets$7,000,000At the beginning of this year, the company has a $1,100,000 investment opportunity with the following characteristics: Sales$1,980,000 Contribution margin ratio  40% of salesFixed expenses$653,400 The ROI for this year's investment opportunity considered alone is closest to:

A. 21.2% B. 7.0% C. 12.6% D. 72.0%

Business

The Uniform Corporation Code (UCC) sets forth the process for incorporation in each of the fifty states

Indicate whether the statement is true or false

Business

A contract most likely will be declared unconscionable if:

a. it is unbalanced, making it unfair to one party. b. it contains a cancellation clause. c. it is oppressive and the weaker party did not fully understand the consequences of the agreement. d. it is signed by a minor for an item of luxury.

Business

Unlike market value, the intrinsic value of an asset is estimated independently of risk

Indicate whether the statement is true or false

Business