The constant sum should be considered an ordinal scale

Indicate whether the statement is true or false

TRUE

Business

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An investor wants to buy a vacant parcel of land, build a building on it and lease it as a hardware store for $5,000 a month. He estimates that the building will cost $300,000 and the expenses will be $12,000 per year. If he wants to use a 12% capitalization rate what is the most that he can pay for the land:

A: $10,000; B: $100,000; C: $200,000; D: Nothing.

Business

Duncan Corp is declared bankrupt. The Royal Bank has a mortgage on its manufacturing plant. Ten employees have a claim for $1,000 each for unpaid wages for the week prior to bankruptcy. The trustee in bankruptcy's fees are $10,000

An unpaid supplier of steel has a claim for products supplied. What class of creditor are the employees? A) Unsecured B) Secured C) Preferred D) General E) Common

Business