An annuity due is an annuity for which the cash flows occur on the first day of each period
Indicate whether the statement is true or false
True
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This year, Larry was awarded a bonus by his corporate employer that will be paid in five annual installments beginning in the year Larry retires. The employer's liability for the future payment is unfunded. Even though Larry earned the bonus this year, he does not recognize any current income.
Answer the following statement true (T) or false (F)
Denver Dynamics has net income of $2,000,000 . Oakland Enterprises has net income of $2,500,000 . Which of the following best compares the profitability of Denver and Oakland?
a. Oakland Enterprises is 25% more profitable than Denver Dynamics. b. Oakland Enterprises is more profitable than Denver Dynamics, but the comparison can't be quantified. c. Oakland Enterprises is only more profitable if it is smaller than Denver Dynamics. d. Further information is needed for a reasonable comparison. e. Oakland Enterprises is more profitable if it is a larger firm than Denver Dynamics.
If Cp is less than 1, then ______.
A. the specification width is less than the range of the process B. the process is capable of consistently meeting its design specifications C. the process is incapable of being compliant with government regulations D. the process is incapable of being compliant with ISO requirements
A task force charged with reducing overhead costs meets to define their roles and responsibilities and develop ways to reach the group's goals. Tension is fairly high among group members. The team is in the ____ phase of team development
A) forming B) storming C) norming D) performing