A lease that stated that rent was to be paid on the first of each month, starting on June 1, 2002,
but did not state when the lease ended would be a:
A) Tenancy in fee simple.
B) Tenancy at will.
C) Tenancy for years.
D) Periodic tenancy.
E) Tenancy at sufferance.
D
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Criner Inc. reported the following results from last year's operations:Sales$16,100,000Variable expenses12,330,000Contribution margin3,770,000Fixed expenses3,126,000Net operating income$644,000Average operating assets$7,000,000At the beginning of this year, the company has a $1,800,000 investment opportunity with the following characteristics:Sales$1,980,000 ?Contribution margin ratio30%of salesFixed expenses$475,200 ?Required:1. What was last year's return on investment (ROI)? (Round to the nearest 0.1%.)2. If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall ROI will this year? (Round to the nearest 0.1%.)
What will be an ideal response?
"Traffic builders" are valuable in that they can generate customers for the overall store
Indicate whether the statement is true or false
A union is attempting to organize clerical and factory workers at a local manufacturing plant in Oshkosh. The NLRB makes a determination to include the clerical and factory workers in the same bargaining unit because they have indicated that their demands are very similar. The NLRB is applying a principle of:
A. Community of interests. B. Geographical proximity. C. Interdependence of jobs. D. Exchange of labor.
Identify the statement below that is not true regarding social security tax.
A. In any given year, there is no limit on the amount of wages subject to social security tax. B. Social security is sometimes referred to as FICA. C. Both the employee and the employer pay an equal amount of social security tax on the employee's wages. D. The social security tax provides benefits for retirement as well as worker disability.