The UCC, compared to the common law, prefers standard form contracts
a. True
b. False
Indicate whether the statement is true or false
False
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In recessions, the long-term expected real interest rate usually
A. rises. B. declines. C. stays unchanged. D. rises early in the recession; declines later in the recession.
Downy Airlines discloses the funded status of pension plans and the health and life insurance plans for two recent years. Both the pension plan and other benefit plans are underfunded. The amounts that Downy includes in _____, _____, represent unamortized prior service costs and net actuarial losses
a. Other Comprehensive Income; a revenue account b. Accumulated Other Comprehensive Income; a shareholders' equity account c. Other Comprehensive Income; an asset account d. Accumulated Other Comprehensive Income; a liability account e. Other Comprehensive Income; a shareholders' equity account
Analytic decision making is based on logic and considers all available data and possible alternatives
Indicate whether the statement is true or false
Suppose the price of your product is $10.00. The variable cost per unit is currently $5.00, and the fixed costs are $15,000 per month. Suppose the company can invest in some equipment that will reduce the variable cost per unit to $3.00. However, the cost of financing the new equipment will increase the fixed costs to $17,500 per month. Compare the breakeven points for these two different options. Assuming the company believes it can sell 2,800 units of its product at $10.00 price, which is the better choice?
What will be an ideal response?