A broker is not an agent of the insurance company or the applicant

Indicate whether the statement is true or false


F

Business

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Net income for the year was $29,500 . Accounts receivable increased $2,500, and accounts payable increased$5,400 . There were no other changes in noncash current assets and liabilities. Under the indirect method, the cashflow from operations is $32,400

a. True b. False Indicate whether the statement is true or false

Business

Music provides an interesting example of the "think globally, act locally" concept

Indicate whether the statement is true or false

Business

Another name for questionnaire is schedule instrument

Indicate whether the statement is true or false

Business

A business received an offer from an exporter for 30,000 units of product at $16 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $22 Unit manufacturing costs: Variable 11 Fixed 6 What is the amount of the gain or loss from acceptance of the offer?

A) $30,000 loss B) $40,000 gain C) $150,000 gain D) $50,000 gain

Business