Not all types of work are covered by a minimum wage.

True

False

The Petit Chef Co. has 7 percent coupon bonds on the market with 9 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,038.50, what is the YTM?

At around 41°F, most bacteria stop growing true or false

In its first year of business, Borden Corporation had sales of $2,000,000 and cost of goods sold of $1,200,000. Borden expects returns in the following year to equal 8% of sales.

Darryl makes 70,000 a year as a software engineer. Darryl rents an apartment and has an emergency savings fund for 10 months of living expenses. Darryl got a tip from a friend and invested $10,000 in a new candy company. He has no other investments.

Suppose that there is a welfare program with an income guarantee of $6000 and a benefit reduction rate of 50 percent. In the absence of the program, an individual can work up to 2000 hours per year at an hourly wage of $8 per hour. A.

A consulting firm has a predetermined overhead rate of $120 per labor hour. The Smith job required 5 hours to compete. The overhead cost applied to this job is $

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is a. an alienation b.

Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "mr. Right" to come along. She decided to move on with her life. Clara is an example of a (n) :

Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.

Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes: a. the time the product was full price and didn't sell b. the value of their time and energy c.