Fixed rate mortgages generally have a lower initial contract rate than adjustable rate mortgages

Indicate whether the statement is true or false.


FALSE

Business

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The Maxa Company normally sells its inventory at a 20% profit margin on sales. In 2016, the net realizable value of inventory purchased for $75,000 declined to $66,000. There are no costs to complete and dispose of this inventory. Using the LIFO method what is the floor constraint on the valuation of this inventory using the lower of cost or market rule?

A) $60,000 B) $66,000 C) $79,200 D) $52,800

Business

Which of the following does not appear on the retained earnings statement?

a. net income; b. cash dividends; c. number of shares issued; d. appropriated retained earnings; e. retained earnings at the beginning of the period.

Business

What is the value of expressing workplace dissent?

a. It helps achieve promotional opportunities. b. It gets the employee in the spotlight. c. It makes both parties feel better. d. It exposes unethical behavior.

Business

Discuss the nuances associated with drug testing, and outline the arguments for and against it.

What will be an ideal response?

Business