A fact is the confirmation or validation of an event or object. In the past, people primarily learned facts from books.

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


True

Business

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Breaking up long sentences is an example of what type of proofreading?

A) Revising for clarity B) Revising for conciseness C) Revising for tone D) Revising for organization E) Revising for readability

Business

For real property placed in service after 1986, depreciation under the MACRS system is calculated using the

A. 200% DB method and a mid-month convention in the year of acquisition and in the year of disposition. B. straight-line method and a mid-month convention in the year of acquisition and in the year of disposition. C. 200% DB method and a half-year convention in the year of acquisition and in the year of disposition. D. straight-line method and a half-year convention in the year of acquisition and in the year of disposition.

Business

The Wheeler Company payroll for the week ended November 8 is $80,000 with 15 percent withheld for employee income taxes and 8 percent for FICA taxes. The total amount of taxes to be remitted by the employer for this payroll, ignoring unemployment insurance taxes, would be:

a. $18,400 b. $12,000 c. $12,800 d. $24,800

Business

Which of the following is a measure of liquidity?

A) Current ratio B) Earnings per share C) Accounts receivable turnover ratio D) Return on common equity

Business