Hopper wants to start Ice Rinx as a new business enterprise. Josh is an attorney. Hopper most likely needs to consult Josh because
A. ignorance of the law is a defense against liability.
B. it adds credibility with potential investors and lenders.
C. keeping up with laws that govern business conduct is difficult.
D. managing accounts receivable and accounts payable is critical.
Answer: C
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Swapping, exchanging, bartering, and collective purchasing are examples of:
A) The shared economy B) Social impact investing C) A social licence D) Social finance E) Social innovation
Retailers are the ________ group of national advertisers in the United States.
A. fourth-largest B. fifth-largest C. third-largest D. second-largest E. sixth-largest
________ are the form human needs take as they are shaped by culture and individual personality
A) Wants B) Necessities C) Services D) Benefits E) Risks
Babette Manufacturing produces plastic toys and uses process costing. There are three processing departments—Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4000 units of partially processed products remained in the Finishing Department. The weighted- average method is used. See additional details below.
Finishing Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 70% What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department? A) 32,760 units B) 33,000 units C) 29,000 units D) 3760 units