In the figure shown below, there could be an instance of a rental unit that is neither an apartment nor a house

Indicate whether the statement is true or false


TRUE

Business

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During the grievance process, the union appeals a grievance to top line management and senior industrial relations staff. What step comes next?

A. The decision resulting from the appeal is put into writing. B. The written grievance is submitted to the production superintendent, another line manager, or industrial relations representative. C. The union steward and employee decide whether the contract was violated. D. The employee (and the union steward) discuss the problem with a supervisor. E. The union decides whether to appeal the unresolved grievance to arbitration.

Business

Quentin wants to give Rowena a pearl necklace that he has in his safe de-posit box at Security Bank. The bank is closed for a holiday. Quentin gives Rowena a key to the box and tells her to go to the bank after the holi¬day and take the necklace. Rowena does this. The next day, Quentin dies unex-pectedly. His heirs want the necklace. What type of gift was this? Can Rowena keep the necklace?

Business

Spear Company is considering a $5.4 million asset investment that has a four-year service life and a $400,000 salvage value. The investment is expected to produce annual savings in cash operating costs of $860,000 and will require a $250,000 overhaul in year 3, which is fully-deductible for tax purposes.Spear uses the net-present-value method to analyze investments. Asset investments are depreciated by the straight-line method, ignoring salvage values in related computations.Required:A. Ignoring income taxes, determine the (pre-discounted) cash-flow amounts that would be used in a net-present-value analysis for (1) the asset acquisition, (2) annual savings in cash operating costs, (3) annual straight-line depreciation, (4) the overhaul in year 3, and (5) disposal of the asset in year 4.

Note cash outflows in parentheses.B. Repeat requirement "A," assuming the company is subject to a 30% income tax rate. Assume the company depreciates the asset using the optional straight-line method. Additionally, it depreciates it over the asset's service life (not its MACRS life). What will be an ideal response?

Business

An important question in the business analysis stage of new-product development is "Is demand strong enough to justify entering the market and will this demand endure?"

Answer the following statement true (T) or false (F)

Business