If you think interest rates will rise in the near future, you should seek an adjustable rate mortgage (ARM)

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Sand Corporation manufactures two styles of lamps—a Bedford Lamp and a Lowell Lamp

The following per unit data are available: Bedford Lamp Lowell Lamp Sales price $20 $36 Variable costs $5 $10 Machine hours required for one lamp 3 8 Total fixed costs are $42,000, and the machine hour capacity is 32,000 hours per year. The Lowell Lamp has the highest contribution margin per unit and also has the highest contribution margin per machine hour, so the company should focus sales on the Lowell Lamp. Indicate whether the statement is true or false

Business

_______________________ is a service provided by the U.S. Postal

A. Endicia B. PC Postage C. Indicia D. Electronic Postage

Business