Federal agency issues are low-risk securities issued by government agencies but not guaranteed by the U.S. Treasury
Indicate whether the statement is true or false
TRUE
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Which of the following offers the most plausible scenario for a firm that maintained a constant degree of operating leverage when its level of fixed costs doubled?
A) sales revenues declined B) pretax profits decreased C) variable cost percentage decreased D) depreciation expense increased
Short message service (SMS) is different from multimedia messaging service (MMS) in that:
a. SMS allows 960-character text messages, while MMS allows 160-character text messages. b. SMS is designed specifically for viewing and navigation on mobile devices, while MMS does not have such features. c. SMS does not allow the attachment of images, videos, and ringtones to text messages, while MMS allows. d. SMS does not require Internet, while MMS requires Internet for functioning.