International law comes from several sources, the most important of which are bilateral and multilateral ___________ between nations.
Fill in the blank(s) with the appropriate word(s).
treaties
Many of these treaties are initiated by the UN.
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A contribution margin income statement is formatted to emphasize cost behavior rather than organizational functions
Indicate whether the statement is true or false
The cost of cybercrime to the perpetrator is
A. difficult to determine, because security issues prohibit publication of trials. B. negligible, because few laws have been updated to include cybercrime. C. almost nonexistent, because few criminals are apprehended. D. exceedingly high, so as to be a deterrent.
Gross margin is defined as gross profit:
A) minus total operating expenses. B) divided by net sales revenues. C) divided by cost of sales. D) minus net income.
Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny has paid $682,000 of premiums, and the cash surrender value of the policy is $725,000. He plans to liquidate the policy to generate cash for his business. If Lenny's marginal tax rate is 35%, how much after-tax cash will the liquidation generate?
A. $682,000 B. $725,000 C. $709,950 D. $471,250