The price of a computer today is $400 and inflation is 5% per year. Therefore, in two years the price

of the computer is expected to be $440.

Indicate whether the statement is true or false


FALSE

Business

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If the lower control limit of a P chart is negative,  

A. a mistake has been made in the computations. B. use the absolute value of the lower limit. C. it is set to zero. D.  it is an indication that the process is out of control.

Business

For capital budgeting and cost of capital purposes, the firm should always consider retained earnings as the first source of capital (i.e., use these funds first) because retained earnings have no cost to the firm.

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

Business

The recommended limit on both collision and comprehensive physical coverage damage is the cash value of your automobile

Indicate whether this statement is true or false.

Business

Diversity of citizenship is a basis for allowing federal jurisdiction when a legal dispute arises between citizens of different states

a. True b. False Indicate whether the statement is true or false

Business