All property can be classified as either real or personal

Indicate whether the statement is true or false

TRUE

Business

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The rate of return on total assets measures a company's success in using its assets to earn a profit

Indicate whether the statement is true or false

Business

Kyanite Corporation, a manufacturer, reports costs for the year as follows

Direct Materials Used $735,000 Wages to Line Workers 510,000 Office Rent 26,000 Indirect Materials Used 700,000 How much is the total period costs for Kyanite? A) $735,000 B) $510,000 C) $26,000 D) $700,000

Business