An A rated bond should provide investors with a higher yield than an otherwise identical B rated bond

Ibis Paper Company prepared the following static budget for November

Static Budget Units/Volume 12,000 Per Unit Sales Revenue $21.00 $252,000 Variable Costs 8.00 96,000 Contribution Margin 156,000 Fixed Costs 13,000 Operating Income/(Loss) $143,000 If a flexible budget is prepared at a volume of 13,300 units, calculate the operating income at 13,300 units of production. The production level is within the relevant range. A) $172,900 B) $156,000 C) $143,000 D) $159,900

In order to apply for a real estate license, the applicant must have errors and omissions insurance.

a. true b. false