Bed and breakfast inns usually has gourmet breakfasts and well furnished rooms
What will be an ideal response?
Bed and breakfast inns usually have gourmet breakfasts and well-furnished rooms.
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Documents of title include:
A. certificates of deposit. B. conditional sales contracts. C. stock and bonds. D. dock warrants and dock receipts.
Assigning costs involves the way that a cost is linked to some cost object
Indicate whether the statement is true or false
During a business lunch with a client, a colleague calls with bad news about another project. You should
a. answer the call at the table and discuss the situation without leaving the table. b. answer the call at the table, listen to the news calmly, and tell your colleague you will call him back later. c. excuse yourself from the table, take the call somewhere unobtrusive, handle anything you can handle quickly, and then tell your colleague you will call him back later. d. let the phone continue to ring at the table without answering.
Holter Inc. owns an investment that generated $120,000 cash revenue and required $26,500 cash expenses this year. Holter's marginal tax rate is 30%. Which of the following statements is false?
A. If the revenue is taxable, but only $19,000 of the expenses are deductible, Holter's after-tax cash flow is $63,200. B. Holter's before-tax cash flow is $93,500. C. If only $105,000 of the revenue is taxable, but all the expenses are deductible, Holter's after-tax cash flow is $69,950. D. None of the above is false.