The AVG function only includes non-NULL values in its calculations. _________________________

Indicate whether the statement is true or false


True

Business

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Wrench Repairs acquires equipment under a noncancelable lease at an annual rental of $45,000, payable in advance for five years. After five years, there is a bargain purchase option of $75,000 . The appropriate interest rate is 1 . percent. What is the total present value of the lease and the first year's interest expense?

a. $224,234 and $26,908 b. $224,234 and $21,508 c. $204,771 and $21,508 d. $204,771 and $19,173

Business

The disbursements section of a cash budget consists of all cash payments for the period except cash payments for dividends.

Answer the following statement true (T) or false (F)

Business

The most common acronyms are typically _________________

a. all lowercase b. unpronounceable c. listed as words in the dictionary d. not very familiar

Business

Parallel lines to multiple servers is commonly known as a "Snake"

Indicate whether the statement is true or false

Business