Within the realm of metadata, there are record definitions and data item definitions
Indicate whether the statement is true or false
FALSE
Business
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In 2013, Teller Company sold 3,000 units at $400 each. Variable expenses were $280 per unit, and fixed expenses were $160,000. What was Teller's 2013 net income?
a. $200,000 b. $360,000 c. $840,000 d. $1,200,000
Business
Which of the following statements is true regarding an original equipment manufacturer (OEM)?
A) OEMs sell a product on a stand alone basis to end customers. B) Brand name is highly visible in OEM marketing. C) A customer is usually not aware of the cost structure of an OEM. D) Knowledge of technical aspects of the product is important for OEM marketing.
Business