The North American Free Trade Agreement (NAFTA) is governed under international law
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Treaties and trade agreements together constitute one source of international law, law that governs activities between nations.
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Flannery Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $79,000 2,700 hours Account billing (lines) $45,000 16,000 lines Account verification (accounts) $16,000 20,000 accounts Correspondence (letters) $12,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 180 hours 200 hours Account billing (lines) 10,000 lines 9,000 lines Account verification (accounts) 1,600 accounts 650 accounts Correspondence (letters) 60 letters 150 letters What is the cost per letter for the correspondence activity? (Round your answer to the nearest cent.) A) $12.00 B) $45.00 C) $4.44 D) $0.80
In estimating the value of Rafael's single-family dwelling, Broker Jones, the appraiser, uses the same monthly gross rent multiplier that has been computed for comparable properties in the same neighborhood. The comparable properties each have a rent amount of $300 monthly and recent selling prices of approximately $45,000. The owner's property is currently renting for $320 per month. The broker therefore would estimate the value of the property to be:
A: $45,000; B: $48,000; C: $51,000; D: $54,000.