Banners, Inc, has the power to control the market for its product. Crest Corporation and Delphic Shield Industries, Inc, agree to limit their competitiveness to increase their profits. The Sherman Antitrust Act of 1890 prohibits restraints on trade and commerce that originate from

a. any lack of balance in the nation's economy.
b. business combinations and conspiracies, and certain monopolistic practices.
c. business combinations and conspiracies only.
d. certain monopolistic practices only.


b

Business

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The r2 statistic measures the proportion of variation in one variable that is explained by the other

Indicate whether the statement is true or false

Business

On December 2, 2018, St. Andrews, Inc. purchases land. In exchange for the land, St. Andrews, Inc. issues 8,000 shares of common stock with $1.00 par value. The land has been appraised at a market value of $400,000. Prepare the journal entry for this transaction. Omit explanation.

What will be an ideal response?

Business

Beckham Corporation has 3,000 shares of $100 par value, 7 percent cumulative preferred stock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 2006, $17,000; 2007, $0; 2008, $65,000; 2009, $30,000; 2010, $15,000 . The amount of dividends received by the preferred stockholders during 2008 was

a. $65,000. b. $46,000. c. $25,000. d. $18,000.

Business

Which of the following statements is correct?

A. The value of the SQLCODE can be used directly in an SQL statement. B. The value of the SQLCODE is assigned to a variable. C. The value of the SQLCODE can not be assigned to a variable. D. The value of the SQLERRM can be used directly in an SQL statement.

Business