Bait and switch is not a deceptive advertising technique

Indicate whether the statement is true or false


False

Business

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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised contribution margin ratio would be:

A. 70%. B. 10%. C. 30%. D. 60%. E. 40%.

Business

One of the major reform measures of the Basel III is to improve risk management and governance of the banking system

Indicate whether the statement is true or false

Business

An individual could pay 100 percent of her tax liability by the due date of her tax return and still be subject to underpayment tax penalties.

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

Business

Agreements that are deemed per se violations of Section 1 of the Sherman Act include all of the following except? A) a price-fixing agreement

B) a group boycott. C) a trade association. D) a market division.

Business