Some states are turning to private companies to run certain of the states prisons as way of holding down costs

Indicate whether the statement is true or false


T

Business

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________ are the most serious crimes, including crimes that are mala in se.

A. Felonies B. Infractions C. Misdemeanors D. Summary offenses

Business

A name closely associated with the binomial probability distribution is?

A. ?Bernoulli. B. ?de Moivre. C. ?Pareto. D. ?Poisson.

Business

The balance sheet of Paradise Pizza reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. Net income and sales for the year are $240,000 and $2,000,000, respectively.What is Paradise Pizza's profit margin?

A. 15%. B. 14.12%. C. 12%. D. 16%.

Business

On January 1, Year 1, Strang Incorporated issued bonds with a face value of $500,000, a stated rate of interest of 8%, and a 5-year term to maturity. The effective rate of interest was 10%. Interest is payable in cash on June 30 and December 31 of each year. Which of the following statements is true?

A. This bond was issued at a discount, and the annual interest expense is $40,000. B. This bond was issued at a discount, and each semiannual cash payment is $20,000. C. This bond was issued at a premium, and the annual interest expense is $40,000. D. This bond was issued at a premium, and each semiannual cash payment is $25,000.

Business