A group consists of two or more people.

a. True
b. False


b. False

Business

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Standardized services are marketing a process

Indicate whether the statement is true or false

Business

NorthWest Water (NWW) Five years ago, NorthWest Water (NWW) issued $50,000,000 face value of 30-year bonds carrying a 14% (annual payment) coupon. NWW is now considering refunding these bonds. It has been amortizing $3 million of flotation costs on these bonds over their 30-year life. The company could sell a new issue of 25-year bonds at an annual interest rate of 11.67% in today's market. A call premium of 14% would be required to retire the old bonds, and flotation costs on the new issue would amount to $3 million. NWW's marginal tax rate is 40%. The new bonds would be issued when the old bonds are called. Refer to the data for NorthWest Water (NWW). What will the after-tax annual interest savings for NWW be if the refunding takes place?

A. $664,050 B. $699,000 C. $768,900 D. $845,790 E. $930,369

Business

It is a misconception among small business owners that foreign consumers will buy American products.

Answer the following statement true (T) or false (F)

Business

Medicare and Medicaid are two different long-established healthcare insurance programs that provide assistance to older and low-income individuals and families supported by what entity?

A) The Government B) Internal Revenue Service C) Healthcare Industry D) The Medi-Corporation E) City Officials

Business