The payback period of a project that costs $1,000 initially and promises after-tax cash inflows of $300 each year for the next three years is 0.333 years
Indicate whether the statement is true or false
FALSE
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In Unified Modeling Language (UML) the options for minimum multiplicity values are 1 and *.
Answer the following statement true (T) or false (F)
Berta maintains a blog on cooking on which she shares recipes, product recommendations, and shopping tips. She has 300,000 followers and she regularly answers questions from them about cooking and where to find her favorite kitchen tools. Berta would be considered a market maven.
Answer the following statement true (T) or false (F)
Use the following data to find the direct labor rate variance if the company produced 7,000 units of product during the period. Standard: Direct labor (3.2 hrs. per unit @ $12/hr.)$38.40per unitActual cost incurred: Direct labor (24,500 hrs. @ $12.50/hr.)$306,250
A. $12,250 favorable. B. $12,250 unfavorable. C. $14,700 favorable. D. $26,950 favorable. E. $14,700 unfavorable.
When a merchandiser records sales returns, Accounts Receivable is credited. (Assume the seller uses the perpetual inventory system.)
Indicate whether the statement is true or false