Wyatt and Sally started a charcoal fire for Sally's backyard barbecue and left it uncovered. Then Sally went into the kitchen to make hamburger patties. While Sally was inside, Wyatt backed up to catch a football and hit the grill, knocking the coals onto his feet. In a modified comparative negligence state, who is liable?
A) Sally is liable for ALL of Wyatt's injuries.
B) If Sally is found negligent, Sally is liable for a proportionate share of Wyatt's injuries unless Wyatt's negligence was as great as or greater than Sally's.
C) Sally is not liable for any of Wyatt's injuries.
D) Sally is liable for Wyatt's injuries only if Wyatt was more negligent than Sally.
B
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Kier Company issued $440,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 3-year term to maturity. The bonds have a 5.50% stated rate of interest and interest is payable in cash on December 31 each year. Based on this information alone, what are the amounts of interest expense and cash flows from operating activities, respectively, that will be reported in the financial statements for the year ending December 31, Year 1?
A. Zero and Zero B. $24,200 and Zero C. Zero and $24,200 D. $24,200 and $24,200
Which of the following is NOT true when comparing mass selling to personal selling?
A. Mass selling doesn't provide immediate feedback. B. Mass selling is less flexible in adapting to customers' needs and attitudes. C. Publicity is not a form of mass selling. D. Mass selling is less expensive when the target customers are numerous and scattered. E. Personal selling includes customer service.
Webster, Inc. has the following information: Net income$30,000 Stock price (per share)$20 Average number of shares outstanding 10,000 Average amount of stockholders' equity$90,000 What is the Price/Earnings ratio?
A. 6.7 B. 20.0 C. 4.0 D. 2.2
An advantage of partitioning is:
A) efficiency. B) remote optimization. C) extra space and update time. D) increase redundancy.