?FASB'sStatement of Financial Accounting Concepts No.7 specifies when fair value should be based on present value.
Answer the following statement true (T) or false (F)
False
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Decide whether the statement makes sense. Explain your reasoning.Jose's car gets about 20 miles to the gallon. He is thinking of buying a new fuel-efficient car which gets 
miles to the gallon and which costs $25,000. He reasons in this way: " I drive about 300 miles per week. Gas costs about $3.50 per gallon. That means I'll save $1365 per year on gas. That means that if gas remains at $3.50 per gallon it will be about 18 years before the car has paid for itself. I don't think I can justify buying the new car. "
What will be an ideal response?
Simplify the trigonometric expression by following the indicated direction.Multiply 
by 
Fill in the blank(s) with the appropriate word(s).
Children who watch a good deal of televised violence tend to be more physically aggressive than those who watch little of this type of television programming. Establishing an association between these two variables is an example of what type of study.
A. hypothetical B. experimental C. theoretical D. correlational
Advertising fees that franchisees have to pay the franchisor are typically less than ________ percent of gross income.
A. 1 B. 3 C. 4 D. 2 E. 5