In computing after-tax operating cash flows, only operating costs but not financing costs must be deducted from any cash inflows received

Indicate whether the statement is true or false

TRUE

Business

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As a general rule to follow to determine which of the different measures of location to use, if the variable is measured on a nominal scale, ________ is the appropriate measure of central tendency that should be used

A) mean B) median C) mode D) range

Business

The tax credit available through the Saver's Credit is equal to

A) the annual IRA contribution limit. B) $2,000 regardless of income level and tax-filing status. C) a percentage of the contribution made to a traditional IRA, Roth IRA, 401-k, SIMPLE plan, or 403(b) plan. D) one-fourth of the Social Security taxes paid by the taxpayer.

Business