There are two sets of present and future value tables: one set for lump sums and one set for annuities

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Please refer to the following list of liability balances. Accounts payable $12,000 Employee income tax payable 190 Interest payable 1,300 Estimated warranty payable 2,600 Long-term notes payable 32,000 FICA tax payable 590 Sales tax payable 370 Long-term notes payable 4,000 Bond payable 50,000 Current portion of long-term notes payable 2,000 What is the total amount of long-term liabilities?

A) $88,000 B) $86,000 C) $84,000 D) $54,000

Business

________ is an extreme form of a targeting strategy.

A. Micromarketing B. Differentiated targeting C. Concentrated targeting D. Macromarketing E. Benefit marketing

Business

The landlord is always liable to a guest injured in the tenant's apartment

Indicate whether the statement is true or false

Business

In all of the states, a fee tail is treated as a fee simple absolute

Indicate whether the statement is true or false

Business