When was the intermittent windshield wiper first installed in cars?

a. 1969
b. 1970
c. 1971
d. None of the above


.A

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If the internal rate of return (IRR) of an investment is lower than the hurdle rate, the project should be rejected.

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

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In the United States v. Forrester case referenced in the text, the Ninth Circuit Court of Appeals addressed the issue of whether, without a search warrant, the government can obtain e-mail addresses and information regarding Internet sites visited through installation of a surveillance device at the location of the Internet service provider. How did the court rule?

a. That the government violated the defendant's constitutional rights because no warrant was obtained. b. That obtaining the information did not constitute a Fourth Amendment search, because the defendant did not have an expectation to privacy in emails or websites he visited. c. That obtaining the information constituted a Fourth Amendment search, but that the defendant's constitutional right to privacy were not violated. d. That obtaining the information did not constitute a Fourth Amendment search, but that the defendant's due process rights were violated.

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A company has inventory with a selling price of $451,000, a market value of $223,000 and a cost of $241,000. According to the lower of cost or market, the inventory should be written down to $223,000.

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

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A noted free agent running back just signed a four-year 30-million dollar contract with a new team

He will get a 7-million dollar signing bonus and a 4.5 -million dollar roster bonus. Additionally, he will get 3.25 million for year one, 5.25 million for year two, 5 million for year three, and 5 million for year four. Salary is paid at the end of the first year. Construct a table that shows the present value of his contract if money can earn 6%.

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