Creditors of Northern Hydraulics file an involuntary bankruptcy petition against the company and the petition is approved. What is true of Northern Hydraulics?

a. Northern Hydraulics has at least $10,425 in debts.
b. There are at least 12 creditors.
c. A custodian has automatically been appointed.
d. It must make all the filings necessary under a voluntary petition.


d

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Trey likes to drink Pepsi and will use a consumer promotion, such as a coupon or premium, only if it is for Pepsi. Trey is which type of consumer?

A) promotion prone B) brand loyal C) price sensitive D) shopper prone

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A global segment is referred to as "global teens" which includes:

A) people between the ages of 12 and 19. B) affluent, well-traveled persons. C) young, global travelers. D) technology professionals. E) persons having power.

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What can happen when parties have different social roles outside the negotiation (e.g., president, vice president, consultant, specialist) compared to when parties in the negotiation are equals?

What will be an ideal response?

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Gurtner Corporation has provided the following data concerning last month's operations.   Cost of goods manufactured$170,000Underapplied overhead$4,000  BeginningEndingFinished goods inventory$33,000$40,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?

A. $170,000 B. $203,000 C. $167,000 D. $163,000

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