The use of specialized equipment to substitute manual labor drives up manufacturing costs in
the long term.
Indicate whether the statement is true or false
FALSE
Business
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Rocco earns $14.50 per hour for straight time (40 hours), and the company pays him time-and-a-half for overtime. He worked 46 hours at his job during the first week of March 2017. What was Rocco's gross pay for the week?
A) $667.00 B) $671.50 C) $710.50 D) $1,000.50
Business
Stan paid an insurance company $50,000 for a fixed annuity when he was 50 years old. At age 62, Stan plans to begin to receive payments from the insurer. There are no guarantees on the number of payments he will receive
Based on the description provided, this annuity can be described as a(n) A) deferred annuity. B) life annuity with guaranteed payments. C) immediate annuity. D) variable annuity.
Business