Fixed costs per unit vary inversely with levels of production
Indicate whether the statement is true or false
T
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On January 1, 2016, Medley Corporation sold $200,000 of its 14%, five-year bonds dated January 1, 2016, for $206,000 total cash. The bonds sold at
A) 6. B) a discount. C) 103. D) 206.
An advantage of Internet advertising is the use of banner ads on websites which allow consumers to click on the banner and immediately be able to view the advertisement.
Answer the following statement true (T) or false (F)
Ducey Corporation is contemplating purchasing equipment that would increase sales revenues by $79,000 per year and cash operating expenses by $27,000 per year. The equipment would cost $150,000 and have a 6 year life with no salvage value. The annual depreciation would be $25,000. (Ignore income taxes.)Required:Determine the simple rate of return on the investment to the nearest tenth of a percent.
What will be an ideal response?
The general rule is that one does not have to produce evidence for the opposing party if to do so is "unduly burdensome."
a. True b. False Indicate whether the statement is true or false