Ulrich is in a 28% tax bracket and has a credit of $100. Ulrich will save $100 in taxes because of the credit

Indicate whether the statement is true or false


TRUE

Business

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A Canadian-built Caterpillar grader tractor imported into Chile would not be subject to duty because:

A) Chile and Canada established an FTA. B) tractors made in Canada are more durable. C) tractors made in Canada do not require certification. D) locally made tractors are more expensive in Chile.

Business

On December 31, 2018, Barry Company borrowed $500,000 by signing a five-year, 8% note payable. The note is payable in five yearly installments of $100,000 plus interest, due at the end of every year beginning on December 31, 2019. What amount represents the current portion of Long-term Notes Payable at December 31, 2018?

What will be an ideal response?

Business

One advantage of podcasts is that they can replace costlier forms of communication technologies such as teleconferences

Indicate whether the statement is true or false

Business

Poor capital structure decisions can result in a high cost of capital, thereby making some unacceptable investments acceptable

Indicate whether the statement is true or false

Business