The impact of piracy on the revenue loss as estimated by the Motion Picture Association of America is approximately $1.5 billion per year

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False

Business

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The clerk of a bankruptcy court must provide consumer-debtors with information on the types of services available from credit counseling agencies

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Business

Entertainer's Aid plans five annual colossal concerts, each in a different nation's capital. The concerts will raise funds for an endowment which would provide the World Wide Hunger Fund with $3,000,000 per year into perpetuity

The endowment will be given at the end of the fifth year. The rate of interest is expected to be 9 percent in all future periods. How much must Entertainer's Aid deposit each year to accumulate to the required amount? A) $5,569,749 B) $3,333,333 C) $1,830,275 D) $8,568,980

Business

Maruska Corporation has provided the following data concerning its only product:  Selling price$180per unitCurrent sales 29,800unitsBreak-even sales 25,032units What is the margin of safety in dollars?

A. $3,576,000 B. $858,240 C. $5,364,000 D. $4,505,760

Business

When a decedent dies without a valid will he is said to have died testate

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Business