As a bicycle salesperson, norman earns a fixed salary of $20 per week plus $6 per bicycle for the first 6 bicycles he sells, $12 per bicycle for the next 6 bicycles he sells, and $18 per bicycle for every bicycle sold after first 12. this week, he earned more than twice as much as he did last week. if he sold x bicycles last week and y bicycles this week, which of the following statements must be true?

i. y> 2x
ii. y> x
iii. y> 3

a. i only
b. ii only
c. i and ii
d. ii and iii
e. i, ii, iii

The silverside company is considering investing in two alternative projects: project 1 project 2 investment $500,000 $240,000 useful life (years) 8 7 estimated annual net cash inflows for useful life $120,000 $40,000 residual value $32,000 $10,000 depreciation method straightminusline straightminusline required rate of return 11% 8% what is the accounting rate of return for project 2? (round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, x.xx%.)

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.