In an output contract, the seller can operate a factory on a 24-hour-a-day schedule and insist that the buyer take all of the output when that buyer had operated only eight hours a day at the time the contract was made and the buyer had knowledge of the eight-hour-a-day operating schedule
Indicate whether the statement is true or false
False
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McCabe Institute leased a new machine having an expected useful life of 1 . years. The noncancelable lease term is 1 . years, and McCabe may exercise a purchase option at the end of the noncancelable term. The machine should be capitalized by McCabe and depreciated over
a. 10 or 1 . years at McCabe's option. b. 12 years. c. 10 years. d. 9 years.
Which of the following is true of the lobbying business?
A) It spends around $10,000 per day lobbying federal government. B) It is dominated by the nonprofit industry. C) It has grown steadily in recent decades. D) As of 2011, federal registration is no longer required.
Shield Company needs to purchase a property to build their headquarters. An investor is willing to exchange land worth $700,000 for shares of common stock. On the statement of cash flows, this transaction would be shown as ________
A) investing activities B) non-cash investing and financing activities C) operating activities D) financing activities
In 2015, approximately 136,943,000 people visited an emergency room in the United States. Of these, approximately 12,263,000 were subsequently admitted to the hospital. Determine an interval with 99% confidence for the number (how many) of people visiting an emergency room who were subsequently admitted to the hospital.
A. 1,097,434 to 1,098,826 B. 1,097,543 to 1,098,716 C. 1,098,129 to 1,098,129 D. 1,097,359 to 1,098,900