Duty drawback refers to refunds of duties paid on imports that are processed or incorporated into other goods and then re-exported

Indicate whether the statement is true or false


TRUE

Business

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Insurance, a television program, and a college education are all examples of ________

A) tangible services B) intangible services C) tangible possessions D) tangible goods E) intangible goods

Business

The following information is for Lattimore Company for Year 2:Beginning inventory200 units @ $108Purchase May 12100 units @ $130Purchase October 9150 units @ $132Sales360 units @ $180Required:Assuming that Lattimore uses the LIFO cost flow method:a) Determine the cost of goods sold during Year 2.b) Determine the inventory balance at the end of Year 2.c) Calculate the average number of days to sell inventory for Year 2. (Round your answer to the nearest day.)

What will be an ideal response?

Business

A writer's attitude toward the message and receiver is reflected in the writing tone

Indicate whether the statement is true or false

Business

Any partner may petition the court to wind up the affairs of a limited partnership

Indicate whether the statement is true or false

Business