A curfew is an example of the type of law that would be found in city or town ordinances

Indicate whether the statement is true or false


True

Business

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Harold is paid based on a percentage of the value of the products and services he sells. He is being paid by:

A. bonus B. base pay C. value pay D. commission E. merit

Business

On August 31, 2016, Peter Services received $3,500 in advance of performing the service. Which journal entry is needed to record the receipt of cash?

A) Debit Unearned Revenue $3,500, and credit Cash $3,500. B) Debit Cash $3,500, and credit Service Revenue $3,500. C) Debit Unearned Revenue $3,500, and credit Service Revenue $3,500. D) Debit Cash $3,500, and credit Unearned Revenue $3,500.

Business

Which of the following is the correct formula to calculate the after-tax cost of a home equity loan?

A) After-tax cost of a home equity loan = before-tax cost (1 + marginal tax rate) B) After-tax cost of a home equity loan = before-tax cost (1 - marginal tax rate)

Business

If a data set produces SST= 1000 and SSE = 200, what is the coefficient of determination?

What will be an ideal response?

Business