The margin of safety is the amount that sales can drop before the company incurs a loss.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1.In 1933 the U.S. government enacted the Buy American Act, which requires federal agencies to purchase materials and products from American suppliers if their prices are NOT unreasonably higher than those of foreign competitors. 2.In 2011 Whirlpool Inc. won an antidumping/subsidy case against clothes-washer imports from Samsung and LG. This resulted in antidumping/subsidy duties being imposed on imports of clothes washers from these foreign producers. 3.A subsidy granted to an import-competing producer tends to be absorbed by producer surplus and higher-costs of production. 4.For a tariff-rate quota, the within-quota tariff rate is more than the over-quota tariff rate. 5.A subsidy granted to import-competing producers is often preferred to an import tariff on the grounds that it results in a smaller deadweight welfare loss and allows consumption to remain unchanged.
The pairing of entities that has meaning to the other parties, in which the understood form of present and future interactions influences their behavior today defines the word ________.
Fill in the blank(s) with the appropriate word(s).
When the corporate privilege is abused for personal benefit, the courts will require the owners to assume personal liability
a. True b. False Indicate whether the statement is true or false
Savers Mart, Inc, distributes its merchandise on an inter¬state basis.Under the commerce clause, Congress has the power to regulate
a. any commercial activity in the United States. b. only activities that are in intrastate commerce. c. only activities that are in local commerce. d. none of the choices.