Which of the following statements about the visual-fit method is (are) true? I.The method results in the creation of a scatter diagram. II.The method is not totally objective because of the manner in which the cost line is determined. III.The method is especially helpful in the determination of outliers.
A. I only.
B. II only.
C. I and II.
D. I and III.
E. I, II, and III.
Answer: E
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At December 31 . 2013 . Morrison Company had 700 shares of common stock outstanding. On September 1 . 2014, an additional 300 shares of common stock were issued. In addition, Morrison had $20,000 of 8 percent convertible bonds outstanding at December 31 . 2013 . which are convertible into 400 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended
December 31,2014, was $6,000 . Assuming an income tax rate of 50 percent what would be the company's diluted earnings per share for the year ended December 31 . 2014? a. $7.50 b. $5.67 c. $5.00 d. $4.33
With a score of (9, 9) on the Leadership Grid, the leader has a(n) ______.
a. middle-of-the-road management style b. authority-compliance style c. team management style d. impoverished management style
When an economy is characterized by high inflation, special pricing tactics are often necessary. One popular cost-oriented tactic is culling low-profit margin products from a product line
Explain why this tactic might backfire, and describe the other two cost-oriented tactics that can be used instead. What will be an ideal response?
Which of the following statements is true about Hindu law?
A) It is based on writings of the Positivist School that date from the Thirteenth Century. B) It is based on a belief in the collectivization of agricultural property. C) It is linked to the revelation of the Vedas, a collection of religious songs and prayers. D) It is essentially nonreligious and impersonal, basing its fundamental teaching on objective reasoning and logic.