Losses on the discarding of fixed assets are reported in the income statement
a. True
b. False
Indicate whether the statement is true or false
True
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If the standard deviation in a sample is 1 and the sample size is 25, then the standard error of the mean is ______.
A. 0.20 B. 2.00 C. 1.44 D. 2.63
In 2000, two childhood friends began working together to create a line of cleaning products that were beautifully designed, didn't smell like chemicals, and could be a design element rather than hidden in someone's kitchen cabinet. The company, Method, was established in 2001 and made its first sale of cleaning sprays to a local grocery store. The company founders, Adam Lowry and Eric Ryan, are committed to sourcing products that come from plants-not chemical plants. They never test their products on humans or animals and ensure that they make products that are safe for every surface, especially Earth's surface. In 2004, Method was the first company to mass market a concentrated laundry detergent in the United States that provided consumers with the opportunity to reduce the amount of
packaging and waste associated with the packaging. Method emphasizes the _________ issue of social responsibility as a strategy to connect with customers and generate sales. A. sustainability B. consumerism C. community relations D. greenwashing
Steven intentionally makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation. This contract is:
A) void. B) voidable. C) executed. D) unenforceable.
The impact on net operating income of a small change in sales for a segment is best predicted by using:
A. the ratio of the segment margin to sales. B. net sales less segment fixed costs. C. the contribution margin ratio. D. the segment margin.