A markup and a margin both refer to the difference between a final price and unit cost

Indicate whether the statement is true or false

FALSE

Business

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Asset and liability accounts are closed to the Income Summary account

Indicate whether the statement is true or false

Business

A ________ obligates the host government to extend fair and nondiscriminatory treatment to investors from the other country

A) BIT B) REIT C) CF D) CIF

Business