Which economist/philosopher is cited in support of frequent meetings being circumstantial evidence of anticompetitive collusion?
A. Plato
B. Adam Smith
C. Socrates
D. John Locke
Answer: B
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Any provision in a decedent's will that mentions the disposition of property held in joint
tenancy will not be effective. Indicate whether the statement is true or false
Altec Designs makes fashion clothing and reports the following data for the month of September
Salaries paid to seamstresses $140,000 Wages paid to fabric cutters 20,000 Indirect wages 5,000 What is the journal entry to record the total labor charges incurred during September? A) Work-in-Process Inventory 160,000 Manufacturing Overhead 5,000 Wages Payable 165,000 B) Work-in-Process Inventory 165,000 Wages Payable 165,000 C) Wages Payable 165,000 Finished Goods Inventory 145,000 Work-in-Process Inventory 20,000 D) Manufacturing Overhead 165,000 Wages Payable 165,000
Which of the following statements is true of foreign outsourcing?
A. It drives down the cost of production. B. It is a specialized type of licensing. C. It helps circumvent government restrictions on importing in closed markets. D. It is the most basic level of international market development.
Compute Darling Company's current ratio using the following information: Accounts receivable$20,000Long-term notes payable$ 80,000Salaries payable5,000Building170,000Prepaid Rent7,000Accounts payable15,000Cash12,000Land75,000
What will be an ideal response?