A special form of insurance primarily on mortgages for single-family loans, allowing the buyer to borrow more by putting down a smaller down-payment is called Private Mortgage Insurance (PMI).?
Indicate whether the statement is true or false
True
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Takenson Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to information for Takenson Corp Calculate the cost of goods sold for
Takenson Corp a. $275,000 b. $211,000 c. $241,000 d. $259,000
Identify the correct statement about market development strategy
A) It is less riskier than market penetration strategy. B) It is usually implemented in markets where growth rate is slowing. C) It persuades current customers to buy more products. D) It is cheaper than implementation of market penetration strategy.
Fixed overhead costs are
a. best controlled on a unit-by-unit basis of products produced. b. mostly incurred to provide the capacity to produce and are best controlled on a total basis at the time they are originally negotiated. c. constant on a per-unit basis at all different activity levels within the relevant range. d. best controlled as to spending during the production process.
What is the time to hire if the job opening was posted on October 1, the interview took place on October 10, the position was filled on October 15, and the new hire started work on October 20?
A. 15 B. 10 C. 5 D. 20 E. 25