The World Trade Organization has helped to significantly reduce tariffs around the world
Indicate whether the statement is true or false
TRUE
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Which of the following is not included in the minimum lease payments?
A) any guarantee by the lessee of the residual value B) any payments on failure to renew or extend the lease C) executory costs D) minimum periodic rental payments
If net cash flows from operating activities were $388,000, net income were $100,000, and net sales were $1,200,000, the cash flow yield would equal (Round amounts to two decimal places)
A) $288,000. B) $812,000. C) 3.88 times. D) 3.09 times.
The fourth step in the analyzing and recording process is to transfer (or post) entries from the journal to the ________.
What will be an ideal response?
A responsibility center in which a manager is responsible only for costs is a(n)
A) cost center. B) revenue center. C) profit center. D) investment center. E) center not presented here.