In a scatter diagram, a line that provides an approximation of the relationship between the variables is known as a
a. determination line.
b. trend line.
c. correlation axis.
d. zero-bias line.
b
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Companies that are growing fast and rely on software for deployment of their operations often hire the services of ASPs.
Answer the following statement true (T) or false (F)
The Bread Company promotes its brand in new international markets by providing rights to local bakeries and bistros to use its recipes and brand name. In this case, The Bread Company's market-entry strategy is referred to as ________
A) licensing B) exporting C) joint ownership D) contract manufacturing E) management contracting
Inspection Rights. Craig Johnson founded Distributed Solutions, Inc (DSI), in 1991 to make software and provide consulting services, including payroll services for small companies. Johnson was the sole officer and director and the majority shareholder
Jeffrey Hagen was a minority shareholder. In 1993, Johnson sold DSI's payroll services to himself and a few others and set up Distributed Payroll Solutions, Inc (DPSI). In 1996, DSI had revenues of $739,034 and assets of $541,168. DSI's revenues in 1997 were $934,532. Within a year, however, all of DSI's assets were sold, and Johnson told Hagen that he was dissolving the firm because, in part, it conducted no business and had no prospects for future business. Hagen asked for corporate records to determine the value of DSI's stock, DSI's financial condition, and "whether unauthorized and oppressive acts had occurred in connection with the operation of the corporation which impacted the value of" the stock. When there was no response, Hagen filed a suit in an Illinois state court against DSI and Johnson, seeking an order to compel the inspection. The defendants filed a motion to dismiss, arguing that Hagen had failed to plead a proper purpose. Should the court grant Hagen's request? Discuss.
The Internal Revenue Code includes which of the following assets in the definition of Sec. 751 properties?
A) inventory, which is substantially appreciated B) cash C) capital assets D) Sec. 1231 assets