Cost-volume-profit analysis assumes costs and revenues have a close linear approximation

Indicate whether the statement is true or false


True

Business

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Calypso Motors recently rolled out its Proteus hatchback. Proteus combines the attractiveness of a luxury car with the excellent agility of a sports car

Calypso Motors is confident that Proteus will appeal to both sports car enthusiasts as well as the luxury segment. Which of the following types of market segmentation is evident here? A) gender segmentation B) income segmentation C) benefit segmentation D) geographic segmentation E) age and life-cycle segmentation

Business

Law and ethics are not synonymous. Elaborate on this statement with the help of an example.

What will be an ideal response?

Business

When customers walk out of the store without buying anything, it may be an indication that a business is in trouble.

Answer the following statement true (T) or false (F)

Business

? Exhibit 15-3 On January 1, 2016, Howard, Inc. granted to a key executive a fixed compensatory share option plan for 1,000 shares of $4 par common stock for $30 a share. The fair value per option on that date was $14. The service period extended through December 31, 2017. ? Refer to Exhibit 15-3. Which balance sheet disclosure would be correct at December 31, 2016?

A. Shareholders' equity:Paid-in Capital Share Options         $ 7,000 B. Liabilities:Employee stock option plan            $ 7,000 C. Shareholders' equity:Paid-in Capital Share Options         $ 7,000Less: Deferred compensation             7,000                                                        $14,000 D. footnote disclosure only

Business