When stock is issued for assets other than cash, the transaction is recorded at the market value of the stock issued or the market value of the assets received, whichever is more clearly determinable
Indicate whether the statement is true or false
TRUE
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The following information pertains to the Flying Fig Corporation: Total Units for information given 3000 Fixed Cost per Unit $200 Selling Price per Unit $500 Variable Costs per Unit $175 Target Operating Income $300,000 What is the breakeven in units?
A) 1846 units B) 2769 units C) 3429 units D) 923 units
Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?
A. Retaining B. Ignoring C. Avoiding D. Transferring E. Mitigating
What is a limitation to the employee survey approach that many organizations used to assess diversity and inclusion?
a. Most of the questions only have face value validity b. There are not enough questions use to get a true baseline c. Most people don’t understand the construct of ‘diversity’ in order to answer the question correctly d. They typically measure the observable differences but not the non-observable ones
The "takings clause" prevents the government from taking private property for any reason
a. True b. False Indicate whether the statement is true or false