Economic growth, as measured by increases in the gross domestic product (GDP) signals the start of a bull market where stock prices are bound to rise
Indicate whether the statement is true or false.
Answer: FALSE
Business
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On June 1, 2013, Romano Inc. changed the estimated useful life of its office equipment from 20 to 12 years. This change would be accounted for:
A. Prospectively. B. Retrospectively. C. As an accounting error. D. None of these.
Business
What combination of a and b will yield the optimum for this problem?
Maximize $6a + $15b, subject to 1. 4a + 2b ? 12 and 2. 5a + 2b ? 20 and 3 . x, y ? 0. A) a = 0, b = 0 B) a = 3, b = 3 C) a = 0, b = 6 D) a = 6, b = 0 E) a = 0, b = 10
Business