_____ is the difference between a firm's revenue and its cost of goods sold

If you buy a factory for $250,000 and the terms are 20% down, the balance to be paid off over 30 years at a 12 percent rate of interest on the unpaid balance, what are the 30 equal annual payments? (Round to the nearest whole dollar)

A) $20,593 B) $31,036 C) $24,829 D) $50,212 E) $6,667

Electronic technology makes it possible for teams of people to operate across time, space, and organizational boundaries. These working arrangements are called virtual teams

Indicate whether the statement is true or false