Inadvertently, Brie loses her textbook during an afternoon in City Park. She eventually gives up any attempt to find it. The textbook will then most likely be considered

A. abandoned property.
B. converted property.
C. lost property.
D. mislaid property.


Answer: A

Business

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Interstate Batteries ' involvement with NASCAR is an example of:

A) involvement B) event marketing C) green marketing D) sponsorship

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Positioning analysis may lead a firm to segmenting, rather than combining.

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

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Which of the following statements is not true about trading on the equity?

A) It can become a disadvantage to a corporation. B) It is another phrase for financial leverage. C) It will increase the number of shares of stock owned. D) It will increase the interest a corporation must pay.

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A local science museum normally sells tickets to its museum for $5 each. The daily maximum capacity of the museum is 1,000 visitors. At the maximum capacity, fixed costs are $2 per visitor and variable costs are $1.50 per visitor. A local school group has approached the museum wishing to purchase 50 special passes at a cost of $2.50 each. Assuming the museum has excess capacity, if the special

order were accepted, net income would: A) increase by $50.00. B) decrease by $125.00. C) increase by $125.00. D) decrease by $50.00.

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