A few examples of ebusiness advantages can include opening new markets, reducing costs, and expanding global reach.
Answer the following statement true (T) or false (F)
True
Ebusiness advantages include (1) expanding global reach (2) opening new markets (3) reducing costs (4) improving operations, and (5) improving effectiveness.
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Which of the following is true of the remedy of avoidance used by an injured party of a contract?
A. It can be used without notification to the injuring party. B. It revokes all the provisions governing the rights and duties of the parties. C. It cancels out any provisions in the contract concerning the settlement of disputes, once used. D. It can be used in case a fundamental breach of the contract has been observed.
You just concluded a stock purchase transaction via a computer hookup rather than in an organized exchange. This trade took place in the
A) over-the-counter market. B) NYSE. C) AMEX. D) primary market. E) none of the above.
Regulation D defines separate exemptions that are based on the amount of money being raised. Which of the following is not a rule that accompanies these exemptions?
a. Rule 503 b. Rule 504 c. Rule 505 d. Rule 506
Production costs per case total $19, which consists of $15.50 in variable production costs and $3.50 in fixed production costs (based on the 16,000 units produced). Eight percent of total selling and administrative expenses are variable. Compute net income under variable costing.
Anchovy, Inc., a producer of frozen pizzas, began operations this year. During this year, the
company produced 16,000 cases of pizza and sold 15,000. At year-end, the company reported the following income statement using absorption costing:
