A tenant at sufferance is liable for the payment of rent during the period of sufferance

Indicate whether the statement is true or false

TRUE

Business

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The rate at which the currency of one country can be exchanged for the currency of another country is called the _____ rate.

Fill in the blank(s) with the appropriate word(s).

Business

Nordic Avionics makes aircraft instrumentation

Its basic navigation radio requires $70 in variable costs and $3,000 per month in fixed costs. Further processing the radio, to enhance its functionality, will require an additional $26 per unit of variable costs but no change to the fixed costs. The marketing manager believes that the company would be able to increase the sales price from $270 to $290. If Nordic decides to further process the product, operating income would ________. A) remain the same B) increase by $26 per unit C) increase by $96 per unit D) decrease by $6 per unit

Business