Social security number is the primary key for employee table

Indicate whether the statement is true or false


TRUE

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Are the events "firm from the South" and "expects high growth" statistically independent?

A) Yes B) No C) Maybe D) Unable to tell from the data

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The most common reason given for investing is

a. enhancing current income. b. saving for retirement. c. sheltering earnings from taxes. d. paying for an expensive vacation. e. saving for college education.

Business

Howell Enterprises is forecasting EPS of $4.00 per share for next year. The firm has 10,000 shares outstanding, it pays 12 percent interest on its debt, and it faces a 40 percent marginal tax rate. Its estimated fixed costs are $80,000 while its variable costs are estimated at 40 percent of revenue. The firm's target capital structure is 40 percent equity and 60 percent debt and it has total

assets of $400,000 . On what level of sales is Howell basing its EPS forecast? a. $1,000,000 b. $480,400 c. $316,722 d. $292,445 e. $105,280

Business

Which of the following statements is true of the supremacy clause?

A. Under this clause, it is immaterial that a state did not intend to frustrate the federal law if the state law in fact does so. B. The application of this clause is traditionally limited by the district courts. C. This clause gives priority to U.S. laws when various laws are not consistent. D. This clause prohibits states from enacting laws that impact rights and duties of companies under the existing companies' contracts. E. Under this clause, state laws decide the validity of the laws passed by Congress.

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