When Randy accepted a job with Buren Construction, Randy signed the following agreement, "Upon termination of my employment with Buren Construction, I agree never to work for another employer as an electrician." If Randy resigns from Buren Construction, this agreement would be upheld under the theory of freedom of contract

a. True
b. False
Indicate whether the statement is true or false

False

Business

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The amount of dividends a company pays will affect the ________ it has to finance future growth

A) debt B) retained earnings C) current liabilities D) current ratio

Business

Which of the following would be a likely mathematical expression for Total Variable Cost?

a. Total Variable Cost = Production Volume × Revenue per Unit b. Total Variable Cost = Material Cost per Unit × Labor Cost per Unit c. Total Variable Cost = Total Cost – (Material Cost per Unit + Labor Cost per Unit) d. Total Variable Cost = (Material Cost per Unit + Labor Cost per Unit) × Production Volume

Business