The dollar value of the items covered by procurement cards is relatively high
a. True
b. False
Indicate whether the statement is true or false
False
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Under the growing minority rule, if a tenant abandons the premise before the expiration of the lease a landlord has no duty to mitigate damages and find another tenant
Indicate whether the statement is true or false
When a continuous probability distribution is used to approximate a discrete probability distribution, a value of 0.5 is
a. added and/or subtracted from the area b. added and/or subtracted from the value of x c. added to the area d. subtracted from the area
A major credit card company has determined that its customers charge an average of $280 per month on their accounts with a standard deviation of $20
a. What percentage of the customers charges more than $275 per month? b. What percentage of the customers charges less than $243 per month? c. What percentage of the customers charges between $241 and $301.60 per month?
During the current year, Hugo sells equipment for $150,000. The equipment cost $175,000 when placed in service two years ago, and $55,000 of depreciation deductions were allowed. The results of the sale are
A) LTCG of $30,000. B) Sec. 1231 gain of $30,000. C) Sec. 1245 ordinary income $30,000. D) Sec. 1250 ordinary income of $30,000.