When a loan is amortized, a relatively low percentage of the payment goes to reduce the outstanding principal in the early years, and the principal repayment's percentage increases in the loan's later years.
Answer the following statement true (T) or false (F)
True
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An assignee's assent is required for any assignment to be valid
a. True b. False Indicate whether the statement is true or false
The process that buyers use to select suppliers does not vary widely depending on the required item and the relationship that a buyer has with its suppliers
a. True b. False Indicate whether the statement is true or false
Looking around the room while someone is talking to you is a form of _____ communication
a. verbal b. nonverbal c. essential d. None of the above
Vertical, Inc, has a 2017 net § 1231 gain of $67,000 and had a $22,000 net § 1231 loss in 2016 . For 2017, Vertical's net § 1231 gain is treated as:
a. $45,000 long-term capital gain and $22,000 ordinary loss. b. $67,000 ordinary gain. c. $45,000 long-term capital gain and $22,000 ordinary gain. d. $67,000 capital gain. e. None of the above.