Which of the following statements is true of the discovery process in civil proceedings?

A) the existence of relevant emails must be disclosed to the other side
B) admissions useful to one party's case are sometime made by the opposing party during this process
C) it can be used to encourage out of court settlements
D) None of the above
E) All of the above

E

Business

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Flint Systems is considering investing in production-management software that costs $630,000, has $67,000 residual value, and leads to cost savings of $1,650,000 per year over its five-year life

Calculate the average amount invested in the asset that should be used for calculating the accounting rate of return. A) $697,000 B) $630,000 C) $348,500 D) $67,000

Business

Core Concepts Inc,. has experienced stock returns of 8.4%, 6.3%, and 14.2% over the last three years. Over this time period, what has been the firm's arithmetic average annual rate of return?

A) 9.58% B) 9.63% C) 9.88% D) 9.92%

Business