Acme, Inc., produces widgets. To manufacture a new type of widget, it took 68 hr for the first widget. Acme estimates it has a 91% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 109th widget.
A. 36.24 hr
B. 34.86 hr
C. 39.52 hr
D. 35.90 hr
D. 35.90 hr
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The legal capital of a corporation may be any of the following except
A) the stated value of the stock. B) the par value of the stock. C) the market value of the stock at the balance sheet date (assuming the market value differs from the par or stated value). D) the entire proceeds from the stock issuance.
A budgeting technique that requires managers to justify all revenue and expenses for each new period is called ________.
A) zero-based budgeting B) justification budgeting C) flexible budgeting D) defensive budgeting
List some red flags to look for when choosing an insurer.
What will be an ideal response?
Tour Vista, an online travel company, buys blocks of rooms from Skyview Towers, a hotel in River City, at a wholesale rate. Tour Vista resells the rooms to consumers at a retail rate. In recent efforts to collect taxes from e-commerce, some cities claim that hotel occupancy taxes should be assessed and remitted directly to the cities based on
a. the dire financial straits of the cities during the latest recession. b. the retail rates of the rooms. c. the states of residency of the consumers who reserve the rooms. d. the wholesale rates of the rooms.