What are the total manufacturing costs to be accounted for

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1. Which of the following statements regarding annuities is FALSE?

A. Most car loans, mortgages, and some bonds are annuities

B. PV of an annuity= C X 1/r (1- (1/ (1+r)^N)

C. An annuity is a stream of N equal cash flows paid at regular intervals.

D. The difference between an annuity and a perpetunity is that a perpetuity ends after some fixed number of payments.

2. Fitness Company reports the following data for 2009, its first year of operations:

What are the total manufacturing costs to be accounted for?

$300,000

$190,000

$160,000

$570,000

Reference no: EM131327737

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